South Korea's government signs safety pact with AliExpress and Temu amid regulatory scrutiny.

South Korea's govt signs safety pact with Alibaba's AliExpress and PDD Holdings' Temu amid regulatory scrutiny. Safety inspections revealed harmful substances in products, including children's items. The govt will provide data to verify blocked items and push for a Consumer Safety Act with binding responsibilities for platforms. AliExpress & Temu have increased user protection policies; user base in South Korea has grown to 8.87M for AliExpress and 8.29M for Temu.

May 13, 2024
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