PDD Holdings Inc (PDD.O)_ Thoughts On EU's Possible Launch Of Investigation Into Temu's Sales of Illegal Products
DDI·2024-11-03 17:15
Flash | 31 Oct 2024 04:16:24 ET │ 12 pages PDD Holdings Inc (PDD.O) Thoughts On EU's Possible Launch Of Investigation Into Temu's Sales of Illegal Products investigation into Temu's sales of illegal products and the heightened uncertainty approaching the US election as a short-term overhang on PDD's share price. Under the EU's Digital Services Act, Temu is considered as a large online platform and if the platform fails to prevent the sales of illegal content/products, it could be fined up to 6% of their glo ...