EU watchdogs raid Temu’s Dublin HQ in foreign subsidy investigation

Chinese online retailer targeted under rules limiting state help to companiesBusiness live – latest updatesTemu’s European headquarters in Dublin have been raided by EU regulators investigating a potential breach of foreign subsidy regulations.The Chinese online retailer, which is already in the European Commission’s spotlight over alleged failures to prevent illegal content being sold on its app and website, was raided last week without warning or any subsequent publicity. Continue reading...