Amazon has launched a store where every product costs $20 or less in a bid to take on popular low-cost shopping apps like ...

Amazon.com launched a low-cost ecommerce service called Amazon Haul for some customers in the United States giving them a ...

The European Commission, the EU’s executive arm, said it had opened formal proceedings against the Chinese e-commerce ...

The company has been working to roll out a low-price storefront site, according to media reports earlier this year, as it ...

Temu isn’t publicly traded, but you can still get in on the action and bet on its success. Pinduoduo (PDD on NASDAQ) — a major retail player in China — owns Temu, and it can be traded ...

Temu is airing its ad several times during the Super Bowl. (Nikos Pekiaridis/Zuma Press) Temu has blanketed the market with ads in recent months as it attempts to take on Amazon in the fight for U ...

Once launched, the proceedings against Temu can be dropped at any point if the company agrees to take more forceful action against the sale of illegal goods.

A number of toys from shopping platform Temu have failed button battery safety standards, a recent investigation by consumer group CHOICE has found. CHOICE anonymously purchased and tested 15 random ...

Enforcers of the online governance framework will now dial up their oversight of Temu ... to combat the sale of counterfeit goods online. “Counterfeiting is an industrywide challenge, and ...

The company also said it’s in discussions to join a voluntary agreement facilitated by the commission to combat the sale of counterfeit products online. Temu is the latest in a string of large ...

Oct 22 (Reuters) - Amazon.com AMZN.O is imposing severe price caps on what merchants can charge for their products on a new low-cost storefront that the e-commerce giant is preparing to launch ...