Latest Placement Classifieds,Free Classified Ads,Buy Sell Classified Ads Market Chinese online shopping giant that has become ‘headache’ for Zara, H&M in trouble

Chinese online shopping giant that has become ‘headache’ for Zara, H&M in trouble

Chinese online shopping giant that has become ‘headache’ for Zara, H&M in trouble post thumbnail image

Shein and Temu, Chinese e-commerce giants, challenge Amazon in the US and Zara and H&M in Europe with low prices and fast turnover. Temu faces a European Union investigation for potential violations of the Digital Services Act, including consumer protection and data privacy concerns. The company risks significant fines if found in breach.

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