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Temu, an e-commerce platform under PDD Holdings, is facing stricter online content regulations in the European Union, according to Reuters. This development follows similar regulatory actions against Shein. The new EU rules are expected to impact Temu's operations and have already caused PDD's shares to slip by 0.8% in pre-market trading. Concurrently, US Customs and Border Protection (CBP) is inspecting every e-commerce shipment from China, leading to airport congestion, delays, and the suspension of some flights. This heightened scrutiny affects major players like Temu and Shein, potentially slowing their delivery times to the US.
Temu will have to comply with tougher EU online content rules, EU says https://t.co/OtjFlr6vvV https://t.co/FKOHmgtGft
🔥 The US Customs and Border Protection (CBP) agency is inspecting every single ecommerce shipment coming from China on freighters — leading to airport congestion, delays and the cancellation or suspension of some flights. “All freighters coming into LAX from mainland China,… https://t.co/Zn6Jh7k6Ko
Transpac ecommerce freighters on pause as US Customs checks every parcel: Shein and Temu are at risk because this will slow deliveries. But: just try to ship a parcel into China, you’ll have to deal with customs This is the new normal: apply to customs https://t.co/evt1YBQ3K7
