Why Temu Owner PDD Stock Is Down After Earnings Smashed Expectations Barron’s Earnings live: Temu owner PDD Holdings stock gains as Nvidia earnings countdown begins Yahoo Finance Temu-owner PDD tops revenue estimates, competition squeezes margins Reuters Temu Owner PDD’s Profit Falls Less Than Expected The Wall Street Journal Temu Parent PDD’s Results Beat Estimates Despite Tariff Exemption Loss Investopedia Source link
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Temu users face a ‘high risk’ of finding illegal products, EU says
Temu users in the European Union are at “high risk” of coming across illegal products while shopping on the platform, as reported earlier by The Financial Times. Preliminary findings from the European Commission’s investigation into the platform uncovered baby toys, small electronics, and other items on Temu considered counterfeit, unsafe, or “non-compliant.” Temu now has a chance to respond to …
Read More »EU justice chief ‘determined’ to crack down on sale of illegal goods on Temu, Shein – POLITICO
Platforms like Temu and Shein specialize in selling cheap products through small parcels — millions of which enter the EU each day. Earlier this month, a European Parliament report found that “most unsafe and illegal products” arriving in the EU came via such small parcels in online commerce, “in particular” through Chinese platforms. In October last year, the European Commission …
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