China’s cutthroat e-commerce tactic goes global as Shein-Temu war escalates

Variety and Tech
2023-07-31 | 06:25
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
print
China’s cutthroat e-commerce tactic goes global as Shein-Temu war escalates
Whatsapp
facebook
Twitter
Messenger
telegram
print
0min
China’s cutthroat e-commerce tactic goes global as Shein-Temu war escalates

The battle between two of China’s largest e-commerce firms is heating up, as they take the cutthroat tactics that have long been around in the country to the international markets they both covet.

Chinese e-commerce deals giant Pinduoduo’s affiliate, Temu, which is aggressively expanding overseas, recently filed a court document in the US accusing fast fashion giant Shein of anti-competitive practices. Specifically, Temu claims that Shein has been “forcing exclusive dealing arrangements on clothing manufacturers.”

This allegation is reminiscent of Alibaba’s infamous “choosing one from two” policy, where vendors were asked to sell exclusively on Alibaba’s platforms and skip its archrival, Pinduoduo. As part of its sweeping crackdown on the tech industry, the Chinese government launched a probe into Alibaba in late 2020 over its monopolistic practices.
 
 
 
 
 
 
 
 
Read the full story at:

Variety and Tech

China

Cutthroat

E-commerce

Tactic

Global

Shein-Temu

War

Escalates

LBCI Next
UNHCR names British actor Theo James as global goodwill ambassador
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More