191–200 of 423 posts
This news has been circulating on the internet for a long time and it is indeed real, but the question is, if people want to buy something, they will look for alternatives.
People will definitely look for alternatives, but that doesn't make regulation pointless
It seems like quite a light punishment for selling such dangerous products that could literally kill people. The dodgy e-bike batteries have already been linked to several fires. bigclivedotcom takes apart some of the Temu stuff on YouTube and some of the electronics is atrocious.
Earlier quoted context omitted.
> not final, can and most likely will be appealed and paid in like 10 years But the EU got some headlines and people believed they came down with an iron first so that's really the most important thing here In my world finest are served when they're actually paid, not threatened
In my world people are innocent until proven guilty before a court of law, twice. Yes, even business people. Executive branch shouldn't be able to just bankrupt a company and tell the owners to go through the courts to maybe recover the money in 10 years, if they're innocent after all. There were several such cases in my country before we joined EU, most high profile one was against Optimus SA (predecessor to CD Proj…
Did they actually sell $200M of illegal products, or is this a number plucked from thin air?
Earlier quoted context omitted.
I don't understand how €200M can ever be considered a "penny slap".
€200M accounts for roughly 1.6% of their €12.3B net profit in 2025. The average EU salary is €39,808. It's equivalent to a €636 fine. Though this is based on income, not net profit so it's actually more impactful to the average person than to Temu.
Did they actually sell $200M of illegal products, or is this a number plucked from thin air?
Say what you may of Temu, and I do think more vetting of certain goods is a good idea, but they fill a very real need. In the part of Europe where I live, the choice is only between intermediaries for the same products coming from China. The local intermediaries sell a very limited picking at staggering margins. And when it comes to certain things, like electronic components, the choice is between importing (old) Ame…
yes, i'm very in favor of the shift towards direct-to-consumer among chinese retailers, but that might be because i'm not actually all that sympathetic to small business
Small businesses that do the work of curating a niche item, doing QA work that's absent on the shipments from china, and then offering much stronger aftermarket support/replacement/repair? That is often worth a (substantial) premium over wondering if the item showing up in a month is going to work as intended.
Isn't there some kind of law to disallow imports without a CE / RoHS / etc label? Why allow it to enter the EU, and then fine the seller afterwards?
Does Amazon or eBay get the same fine? Haha it’s the same people on all of these sites …. Just some dropshipping ?
Say what you may of Temu, and I do think more vetting of certain goods is a good idea, but they fill a very real need. In the part of Europe where I live, the choice is only between intermediaries for the same products coming from China. The local intermediaries sell a very limited picking at staggering margins. And when it comes to certain things, like electronic components, the choice is between importing (old) Ame…
I downvote comments like this, since they make the comment useless. No-one can vouch for or argue against the comment when it's some "part" of a continent of over 40 countries.