EconomyLens.com
No Result
View All Result
Tuesday, June 17, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Tech

Chinese shopping app Temu faces stricter EU safety rules

Natalie Fisher by Natalie Fisher
May 31, 2024
in Tech
Reading Time: 6 mins read
A A
1
35
SHARES
437
VIEWS
Share on FacebookShare on Twitter

Temu has already faced fierce scrutiny from European consumer groups over its practices. ©AFP

Brussels (Belgium) (AFP) – Chinese shopping app Temu will have to comply with stringent new safety rules after Brussels on Friday added the company to its list of digital firms big enough to face curbs.

Related

UK startup looks to cut shipping’s carbon emissions

Poll finds public turning to AI bots for news updates

Google turns internet queries into conversations

Meta makes major investment in Scale AI, takes in CEO

‘We’re done with Teams’: German state hits uninstall on Microsoft

Temu is one of the fastest-growing apps in Europe despite only entering the EU market in April 2023, and has already faced fierce scrutiny from consumer groups over its practices.

The app joins fellow marketplaces AliExpress, Amazon, Shein and Zalando on a list of 24 “very large online platforms”, which have more than 45 million monthly active users in the European Union.

From the end of September, four months after the designation, Temu will have to apply the tougher rules under the Digital Services Act (DSA), one of the EU’s mammoth new laws regulating online platforms, the European Commission said in a statement.

This includes “the obligation to duly assess and mitigate any systemic risks stemming from their services, including the listing and sale of counterfeit goods”, it said.

Other platforms targeted by DSA scrutiny include Snapchat, TikTok and YouTube.

Temu, the international version of China’s shopping app Pinduoduo, said earlier this year it has on average around 75 million monthly active users in the 27-country EU.

Earlier this month, Europe’s BEUC umbrella consumer rights group accused Temu of violating the DSA by manipulating its users to make them spend more.

BEUC filed a complaint with the European Commission while 17 member organisations including in France, Germany and Spain did the same with national authorities, demanding a probe into Temu.

The platform has come under pressure beyond Europe including in South Korea where regulators are investigating it on suspicion of unfair practices including false advertising.

In a statement, Temu acknowledged being designated and said that “we are fully committed to adhering to the rules and regulations outlined by the DSA to ensure the safety, transparency, and protection of our users within the European Union”.

– EU means business –

The EU has increasingly put tech titans in its sights with a fortified legal armoury, launching a wave of probes into some of the world’s most popular apps.

Under the DSA, the EU has launched investigations into Meta’s Facebook and Instagram as well as TikTok, Elon Musk’s X and Chinese retailer AliExpress.

The DSA stipulates that firms must prepare yearly risk assessments to evaluate what dangers the platforms may pose and how these must be mitigated to protect users.

Violations can be met with fines reaching as high as six percent of a platform’s global turnover, or even a ban for serious and repeated violations.

Last month, the EU added Chinese-founded online retailer Shein to its list of platforms that must comply with the DSA’s stricter rules.

© 2024 AFP

Tags: Chinadigital platformse-commerce
Share14Tweet9Share2Pin3Send
Previous Post

Stock markets diverge as inflation takes centre stage

Next Post

US Fed’s favored inflation gauge unchanged in April

Natalie Fisher

Natalie Fisher

Related Posts

Tech

The most eye-catching products at Paris’s Vivatech trade fair

June 12, 2025
Tech

Waymo leads autonomous taxi race in the US

June 11, 2025
Tech

Nvidia marks Paris tech fair with Europe AI push

June 12, 2025
Tech

Huawei founder says chips still lag ‘one generation’ behind US

June 11, 2025
Tech

Paris tech fair opens with AI and trade war in the spotlight

June 11, 2025
Tech

Nintendo’s Switch 2 scores record early sales

June 11, 2025
Next Post

US Fed's favored inflation gauge unchanged in April

Stock markets rise as US inflation gauge steadies

UK Labour pitches new energy policy in election battle

Stock markets mixed as US inflation unchanged

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

72

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Spain says ‘overvoltage’ caused huge April blackout

June 17, 2025

Swiss insurers estimate glacier damage at $393 mn

June 17, 2025

Brazil sells rights to oil blocks near Amazon river mouth

June 17, 2025

Trump says EU not offering ‘fair deal’ on trade

June 17, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.