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EU raids Temu headquarters in Dublin

The European Commission has raided Temu’s European office in Dublin during an announced inspection, the Financial Times reports. The investigation stems from allegations that the Chinese e-commerce platform receives state aid from Beijing to secure subsidies. This financial support reportedly enables the company to offer products at even lower...

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Business

JoyBuy arrives in France: JD.com's risky bet on a saturated European e-commerce market

Chinese giant JD.com is relaunching its JoyBuy marketplace in France, with the ambition of competing against AliExpress, Temu and Shein. After an initial failure in 2015, the group is returning with a more structured offering. The saturated and demanding European market will not forgive any logistical inaccuracies or vague positioning. Behind...

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