Temu faces EU objections over conduct during subsidy investigation - MLex

( July 31, 2026, 09:47 GMT | Official Statement) -- MLex Summary: Temu's parent company PDD Holdings and its subsidiary WhaleCo Technology have received a formal warning from the European Commission for not having cooperated during an inspection in Ireland. The EU regulator is looking into whether Temu might have distorted markets due to subsidies from China, and during an inspection Temu failed to "actively cooperate on multiple aspects," according to the commission. It said the company didn't comply with "basic requests" on company activities, management and IT systems. The press statement is attached. ...