Temu, the super low-cost e-commerce marketplace owned by Chinese online retailer Pinduoduo, is to face the European Union’s strictest rules after authorities designated the company a “very large […]
Temu accused of breaching EU’s DSA in bundle of consumer complaints
Consumer protection groups around the European Union have filed coordinated complaints against Temu, accusing the Chinese-owned ultra low-cost e-commerce platform of a raft of breaches related to the […]
Temu’s latest lawsuit against Shein is wild
Earlier this week, The Exchange argued that the PDD-Shein rivalry was worth keeping an eye on. PDD is a Chinese company that owns the well-known Pinduoduo e-commerce business […]
We should all be paying more attention to the PDD-Alibaba rivalry
Clothing retailer Shein’s filing confidentially for a U.S. IPO has brought low-cost retailers from the People’s Republic of China to the forefront of both consumers’ and regulators’ minds. […]
As Temu shakes up global ecommerce, PDD nears overtaking Alibaba
PDD, the firm behind the fast-growing shopping app Temu, is shaking up China’s Big Tech club. On Thursday, news of Alibaba’s market cap sliding under that of PDD […]