Reported 3 months ago
In southern China, hundreds of merchants rallied outside PDD Holdings Inc.'s offices to protest what they deem unfair penalties imposed by Temu, particularly against small sellers supplying Chinese goods to Western consumers. The protests highlight growing frustration over PDD's practices of withholding payments and imposing excessive fines that have surged recently without clear justification. As Temu expands globally amidst intensifying competition, merchants fear these tactics may drive them to seek alternative platforms, jeopardizing the platform's growth.
Source: YAHOO