Temu
UK lags rivals in curbing influx of cheap parcels from China
Low-value imports to the UK tripled between 2021 and 2024
Temu fined 200 million euros for breaching EU rules on sale of illegal products
[BRUSSELS] Chinese online retailer Temu has been fined 200 million euros (S$297 million) for not doing enough to stop the sale of illegal products, European Union tech regulators said on Thursday (May...
Shein, Temu trade blows as UK trial spotlights supply chains
CHINESE e-commerce giant Shein and rival Temu have swapped legal blows at the start of a UK trial that’s expected to shine a light on the world of ultra-fast fashion.
Why firms are pivoting from ‘China-shedding’ to ‘China-maxxing’
The approach of hiding one’s ties to Beijing has run its course for the bigger players
Texas governor bars state employees from using Shein, Alibaba products
The Trump administration has sought to rein in its own actions that could antagonise Beijing
PDD, owner of Temu, fires dozens of workers after fistfight with China officials
Regulators had requested to see PDD’s transaction data
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...
