Marketplace Universe News 04.11.2024 – EU takes action against Temu / Quaterly figures fraom Amazon, eBay and Etsy / Start of Shein Exchange in Germany
The EU has launched formal proceedings against Temu. The EU commission has voiced concerns that Temu is failing to efficiently prevent the sale of illegal or counterfeit products on its platform. Suspended products have been re-appearing on Temu within days of their removal, the comission criticizes.