EU Imposes Stricter Rules on Chinese Shopping App Temu
Temu must comply with the Digital Services Act, addressing risks like counterfeit goods and unsafe products by September 2024.
- Temu joins major platforms like Amazon and TikTok under the EU's Digital Services Act regulations.
- The app must assess and mitigate systemic risks, including the sale of illegal and harmful content.
- Violations of the DSA can result in fines up to 6% of global annual revenue or a potential ban.
- Temu has faced scrutiny from consumer groups and regulators in Europe and South Korea.
- The company has committed to adhering to the new EU regulations to ensure user safety and transparency.