Temu says it cooperated with EU Commission during raid in December
Temu says it cooperated with EU Commission during raid in December BRUSSELS, July 31 (Reuters) - Chinese online retailer Temu said on Friday it disagrees with the European Commission allegations it did not cooperate properly during a raid on its facilities as part of an investigation on whether it benefited from unfair foreign subsidies.
"Temu also categorically denies having received any foreign subsidies that distort the internal market," the company, which is a unit of PDD Holdings PDD.O, said in a statement in response to the Commission filing charges.
Between December 2 and 5, the Commission carried out an unannounced inspection at the office of the ecommerce firm in Dublin, Ireland.
(Reporting by Inti Landauro;
Editing by Sudip Kar-Gupta)
Recent news on PDD Holdings
See all newsChinese online retailer Temu agrees to data privacy curbs to settle Texas lawsuit (updated)
Chinese online retailer Temu agrees to data privacy restrictions to settle Texas lawsuit, documents say
UK finance minister Healey to target online marketplaces in tax crackdown, The Times reports
Brief: UK Finance Minister Healey Targets Online Marketplaces In £1 Bln Tax Crackdown - The Times
Shein’s humbling IPO presages more pain