Temu
Temu’s Europe HQ raided as part of EU foreign-subsidy probe
The bloc has wielded the Foreign Subsidy Regulation largely against Chinese involvement in European markets
Amazon cuts seller fees in Europe in Shein, Temu price war
The move is focused first on lowering fees for sellers of cheap fashion
Temu-owner PDD Holdings beats profit expectations, outlook uncertain
Adjusted earnings per share of 21.08 yuan (S$3.86) beat analysts’ average forecast of 16.84 yuan
EU aims to accelerate crackdown on cheap Chinese parcels: FT
THE European Union has called for a bloc-wide handling fee on small packages ordered online from platforms such as Shein, Temu and Alibaba to be imposed in early 2026, over two years earlier than sche...
Temu plots aggressive US comeback with 60% price cuts
The push comes after the company, hit hard by the levy changes, briefly retracted from American market, pivoting instead to Europe and other parts of the world
EU accuses online giant Temu over sale of ‘illegal’ products
Fines under the DSA can go as high as six per cent of a company’s total worldwide annual turnover and force it to make changes to address violations
Seoul asks Temu, AliExpress to pull children’s products over safety concerns
[SEOUL] The Seoul city government has asked online retail giants Temu and AliExpress to suspend sales of certain children’s products over safety concerns, saying Friday that some goods far exceeded lo...
Target explores factory-direct shipping model used by Temu
The Minneapolis-based retailer has struggled to revive sales growth in recent years and is looking for new avenues following choppy store traffic, soft demand and inventory missteps
China’s Temu and Shein want to crack Europe, but the US is too big to quit
The EU is in the process of reviewing stricter rules and the elimination of the 150 euros de minimis customs duty exemption
Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad
China’s largest online e-commerce platforms have been scrambling for a greater share of the domestic market, sparking a long-running price war to entice consumers to open their wallets
