In this section, you’ll find the latest Forbes press releases and news announcements. The collective net worth of tycoons on the 2024 Forbes list of China’s 100 Richest rose just above the US$ ...

The European Union has launched an investigation into Chinese online marketplace Temu, under suspicions that it is not cracking down on the sale of illegal products and that the platform’s desig ...

Copyright 2024 The Associated Press. All Rights Reserved. A page from the Temu website is shown in this photo, in New York, Friday, June 23, 2023. (AP Photo/Richard ...

The European Union has expanded its scrutiny of online marketplaces by opening a formal proceeding on Chinese low-cost e-commerce platform, Temu, under the Digital Services Act (DSA), the ...

Extremely popular in the European Union despite having entered the continent's market only last year, Temu has on average around 92 million monthly active users in the bloc. Photo: Stefani Reynolds / ...

European Commission Executive Vice-President Margrethe Vestager said in a press release that Brussels wants to make sure products sold on Temu's platform "meet EU standards and do not harm consumers." ...

Based on its meteoric rise in the online shopping space and its suspiciously steep discounts, you must be wondering: Is Temu legit and safe? Indeed, with barely two years in the eCommerce space, ...

The European Union's executive arm wants to ensure the Chinese online shopping platform's goods "meet EU standards and do not harm consumers." The European Commission opened an investigation into ...

European Commission executive vice-president Margrethe Vestager said in a press release that Brussels wants to make sure products sold on Temu’s platform “meet EU standards and do not harm consumers”.

The EU on Thursday hit Chinese-founded shopping platform Temu with a probe over concerns the site is doing too little to stop the sale of illegal products, in an investigation that could lead to large ...

European Commission Executive Vice-President Margrethe Vestager said in a press release that Brussels wants to make sure products sold on Temu’s platform “meet EU standards and do not harm ...