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BRUSSELS (Reuters) -Chinese online retailer Temu will be investigated over whether it may have breached rules aimed at preventing the sale of illegal products, EU tech regulators said on Tuesday ...
Online shopping site Temu has faced tough questions before about its business practices. Now it has a new problem: a backlash from independent merchants based in China who sell their products on ...
The report follows the Commission's Oct. 11 request for information from Temu under the Digital Services Act, asking what steps it is taking to stop illegal products being sold on its platform.
BRUSSELS (Reuters) -Chinese fast-fashion e-commerce retailer Temu was hit with a European Union complaint on Thursday over a potential breach of online content rules by the PDD Group-owned business.
As a result, investors hammered the stock of Temu’s parent company, PDD, which trades on the Nasdaq. Its shares fell 6% on Monday, shaving off more than $9 billion in market value as of early ...
Temu, owned by Chinese e-commerce giant PDD Holdings, started allowing shoppers from Vietnam in October, while fast fashion retailer Shein has been selling into Vietnam for at least two years.
Chinese e-commerce retailer Temu is suing rival Shein again, alleging its competitor is pushing dubious copyright infringement notices against the company and using “mafia-style intimidation ...
Vietnam has suspended the operations of Chinese online retailer Temu after it failed to meet a government deadline to register the company by the end of November. It is unclear if Temu, a unit of ...