Temu Faces Backlash from Chinese Suppliers Over Harsh Fines

Merchants protest at PDD Holdings' Guangzhou office, citing unsustainable business practices and financial penalties.

Hundreds of suppliers protested Temu's fine policies, disrupting operations at the Guangzhou office.
Merchants allege fines for quality issues and refunds are wiping out their profits.
Temu plans to shift shipping and warehousing costs to suppliers, adding to their financial burden.
The company is recruiting Amazon merchants to mitigate potential import duty impacts in the US and EU.
Temu's rapid expansion and aggressive policies have raised concerns among investors and regulators.