Temu’s European headquarters in Dublin were raided by EU regulators last week on concerns about potential Chinese state subsidies granted to the online retailer, a subsidiary of China’s e-commerce giant PDD Holdings, a person familiar with the matter said on Wednesday.
Temu did not immediately respond to requests for comment.
The raid comes amid increasing concern within the EU over cheap imports from China, as low-value e-commerce shipments have flooded into the bloc thanks to a customs waiver…
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