Temu likely to face tougher online content rules as EU users soar

Reuters Reuters | 04-16 00:11

PDD Group's fast-fashion e-commerce retailer Temu is likely to be subject to tough EU online content rules that already apply to Meta Platforms, Google, Elon Musk's X and TikTok after its average monthly users in Europe rose above a key threshold.

Under the European Union's Digital Services Act (DSA), companies with more than 45 million users are labelled very large online platforms (VLOPs) and are required to do more to fight illegal and harmful content as well as counterfeit products on their platforms.

Temu, which entered the EU market in April last year, said it had about 75 million average monthly active users in the European Union for the six months ended March 31 this year, according to an update on its site.

The European Commission said it was aware that Temu's user numbers had exceeded the DSA threshold.

(For top technology news of the day, subscribe to our tech newsletter Today’s Cache)

"We are in contact with the platform in view of a possible designation in the future," a Commission spokesperson said.

Chinese-founded fast-fashion company Shein last month reported 108 million average monthly active users in the 27-country bloc and is now in discussions with the Commission on its possible DSA designation.

Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.


ALSO READ

Inside the underground lab in China tasked with solving a physics mystery

A giant sphere 700 m (2,300 ft) underground with thousands of light-detecting tubes will be sealed i...

science | 2 hours ago

Samsung employees strike: Government announces withdrawal of strike; union says final decision on October 16

While the Tamil Nadu government on Tuesday announced that the Samsung workers’ strike had been calle...

technology | 2 hours ago

Chiratae Ventures honours Narayana Murthy with the Patrick J. McGovern Award

The 18-year-old global technology venture capital fund, Chiratae Ventures, announced the Chiratae Ve...

technology | 2 hours ago

Gen Z spending to hit $2 trillion by 2035: Report

Boston Consulting Group (BCG) and Snapchat’s parent, Snap Inc., have brought out a report that deep ...

technology | 2 hours ago

Apple launches new iPad mini with AI features

Apple on Tuesday launched its new generation of the iPad mini packed with AI features including writ...

technology | 2 hours ago

Intel, AMD team up to confront rising challenge from Arm

Intel and Advanced Micro Devices on Tuesday said they are forming a group to help make sure software...

technology | 2 hours ago