temu

The EU Is Investigating Temu for Illegal Products and Addictive Design

The EU Is Investigating Temu for Illegal Products and Addictive Design

The European Union has launched a formal investigation into Chinese shopping platform Temu, citing concerns that the platform is selling illegal products and has been designed in a way that is addictive for consumers.“There is a real suspicion that not enough is done—not in an effective way—to really prevent the dissemination of illegal products,” an EU Commission official told reporters on Thursday morning, declining to be named. Potentially illegal products included pharmaceuticals, toys and cosmetics, they said.Although Temu frequently removes illegal products, these products reappear again very quickly, another official said. “So we believe some of the controls in place…
Read More
Amazon is reportedly working on a low-cost storefront to rival Temu

Amazon is reportedly working on a low-cost storefront to rival Temu

Amazon may be working on a secondary online sales platform that would compete with the absurdly low prices of Chinese retailer Temu. The Information that it has seen internal information sent to Amazon merchants that detail some of the price caps for this new storefront.The outlet claims the upper limit of prices are set at $8 for jewelry, $9 for bedding, $13 for guitars and $20 for sofas that are shipped from its fulfillment center in Guangdong, China under this new "Low-Cost Store." According to the site's sources, orders from this storefront would have slower shipping timelines of nine to…
Read More
The Meteoric Rise of Temu and Pinduoduo—and What Might Finally Slow Them Down

The Meteoric Rise of Temu and Pinduoduo—and What Might Finally Slow Them Down

Tsai didn’t mention Pinduoduo by name, but from its beginnings, the shopping platform has never made the merchant its focus like Alibaba did: It has always prioritized getting the user the lowest price online.“In retail ecommerce, price wars are continuous and will never stop,” says Zhuang Shuai, retail analyst and founder of Bailian Consulting. “They’re effective in the short term but not a long-term effective way to compete.”Pinduoduo has even instated policies that favor customers to the detriment of merchants. Since 2021, Pinduoduo has allowed consumers to get refunds without returning the item, if what they got didn’t match the…
Read More
The US government may be preparing to investigate internet retail giants like Shein and Temu

The US government may be preparing to investigate internet retail giants like Shein and Temu

Online retailers like Temu and Shein are known for selling cheap products like baby clothes, kitchen gadgets and electronics. The Consumer Product Safety Commission (CPSC) wants to know the true costs that foreign online retailers are cutting to sell these products at lower prices.CPSC commissioners Peter Feldman and Douglas Dziak released a joint statement today calling for their staff to evaluate the operations of foreign e-commerce sites. The statement cites Shein and Temu as two online retail companies that “raise specific concerns.”Recent news reports of “deadly baby and toddlers products” being sold on these platforms started to raise red flags…
Read More
No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.