Temu is being investigated in Europe over suspicions it has been failing to forestall the sale of unlawful merchandise.
Vietnam has suspended the operations of Chinese language on-line retailer Temu after it failed to satisfy a authorities deadline to register the corporate by the tip of November.
Temu is being investigated in Europe over suspicions it has been failing to forestall the sale of unlawful merchandise.
It’s unclear if Temu, a unit of Chinese language e-commerce large Pinduoduo, will probably be allowed to renew its enterprise in Vietnam as soon as it registers. The suspension comes after the ministry had raised considerations in regards to the authenticity of Temu’s extraordinarily low-cost merchandise and their impression on Vietnamese producers.
Temu mentioned on Thursday that it was working with the Vietnam E-commerce and Digital Financial system Company and the Ministry of Trade and Commerce to register its e-commerce companies and had submitted required paperwork.
Temu started promoting items in Vietnam in October with aggressive reductions and free delivery. The federal government had warned the corporate that its app and web site could be blocked if it didn’t register earlier than an end-of-November deadline, official Vietnam Information Company cited the Ministry of Trade and Commerce as saying.
On Thursday, Vietnamese language choices have been faraway from Temu’s web site. A notification on the location mentioned that Temu was working “with the Vietnam E-commerce and Digital Financial system Company and the Ministry of Trade and Commerce to register its provision of e-commerce companies in Vietnam.”