The Temu logo is displayed on a laptop in San Anselmo, Calif., on Feb. 26, 2024. Justin Sullivan/Getty Images
The European Commission (EC) has fined Chinese online retailer Temu 200 million euros ($232 million) for failing to do enough to stop the sale of illegal products within the 27-member European Union.
“This is about risk management. It is very much a cornerstone of our [Digital Services Act],” Henna Virkkunen, the EU’s executive vice president for Tech Sovereignty, Security and Democracy, told reporters on May 28. “With this decision, we are sending a very strong message to Temu.”
