Ultra low cost ecommerce giants Shein and Temu have only recently been confirmed as subject to centralized enforcement of the strictest layer of the European Union’s digital services regulation, the Digital Services Act (DSA), but on Friday the Commission announced it’s sent a bunch of requests for information (RFI) to both platforms vis-a-vis to their […]
Shein to face EU’s strictest rules for online marketplaces
Ultra-fast fashion ecommerce giant Shein will be subject to an additional layer of governance rules targeted at very large online platforms (VLOPs) under the European Union’s Digital Services Act (DSA), the Commission announced Friday. Shein had reported passing an average of 45 million monthly users in the region — which is the threshold for the […]
Temu’s latest lawsuit against Shein is wild
Earlier this week, The Exchange argued that the PDD-Shein rivalry was worth keeping an eye on. PDD is a Chinese company that owns the well-known Pinduoduo e-commerce business as well as Temu, a discount online retailer that has seen quick growth in the U.S. market in recent years. The Exchange explores startups, markets and money. […]