The European Commission has raised serious concerns about online marketplace Temu, accusing it of breaching key consumer protection rules under the Digital Services Act (DSA).
Colin Huang, the low-profile Chinese tech billionaire behind the e-commerce juggernaut Pinduoduo and its international offshoot Temu, has seen his fortune rise by $4.37 billion so far in 2025, boosting his net worth to an estimated $38.6 billion.
Vietnam has suspended the operations of Chinese e-commerce platform Temu after the company failed to meet a government deadline to register its services.
