TEMU, the Chinese cross-border e-commerce platform owned by PDD Holdings, has suffered its first major setback since launching in 2022 after Vietnam banned its operations, reports Caixin. Citing regulatory non-compliance two months after it entered the market, Temu was ordered by the Ministry of Industry and Trade to stop using the Vietnamese language on its website and app, to notify customers that its e-commerce registration was under review. It also demanded a halt to all marketing...
https://www.seanews.com.tr/temu-ordered-to-stop-operations-in-vietnam/202118/