Chinese app Temu suspended in Vietnam for failing to register its business by the deadline.

Chinese e-commerce app Temu has been suspended in Vietnam after failing to register its business by the end-of-November deadline. The company, owned by PDD Holdings, launched in October and offered significant discounts and free shipping, but Vietnamese authorities raised concerns over low prices and product authenticity. The suspension's duration is unclear, and the app is also under investigation in South Korea and the EU.

4 months ago
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