The Business Times
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Temu

Global Enterprise

EU slaps 3-euro fee on cheap e-commerce parcels in blow to Shein, Temu, AliExpress

British retailers are pushing for the UK government to take steps to close a tax loophole they say is helping companies such as Shein and Temu gain market share.
Global Enterprise

UK lags rivals in curbing influx of cheap parcels from China

The fine on Temu is the second under the DSA, after Elon Musk’s social media network X was fined 120 million euros last December.
International

Temu fined 200 million euros for breaching EU rules on sale of illegal products

Shein accused Temu of using thousands of photographs from Shein’s website for identical products.
International

Shein, Temu trade blows as UK trial spotlights supply chains

Three of the most successful Chinese firms – Temu, Shein and TikTok – have tried to distance themselves from their roots. None has succeeded, the writer notes.
Opinion & Features
THE BOTTOM LINE

Why firms are pivoting from ‘China-shedding’ to ‘China-maxxing’

This is the latest example of a state government official banning technology from Chinese-owned companies in the name of security.
International

Texas governor bars state employees from using Shein, Alibaba products

PDD is best known as the creator of Temu and the Pinduoduo Chinese e-commerce platform.
Global Enterprise

PDD, owner of Temu, fires dozens of workers after fistfight with China officials

The swoop by EU officials is the latest test of the bloc’s tough new rules aimed at preventing sovereign states from using their financial muscle in an non-competitive ways.
Companies & Markets

Temu’s Europe HQ raided as part of EU foreign-subsidy probe

Amazon is the dominant e-commerce platform in Germany, France, and other European countries.
Companies & Markets

Amazon cuts seller fees in Europe in Shein, Temu price war

Temu and other cross-border platforms have come under pressure after the US scrapped duty-free exemption on parcels worth less than US$800 and the EU looks to introduce duties on low-cost packages from next year.
Consumer & Healthcare

Temu-owner PDD Holdings beats profit expectations, outlook uncertain

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