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Severus_Snape@lemmy.world to Europe@feddit.orgEnglish · 2 days ago

China’s Temu more than doubles EU profits to nearly $120m despite having only eight staff

www.theguardian.com

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China’s Temu more than doubles EU profits to nearly $120m despite having only eight staff

www.theguardian.com

Severus_Snape@lemmy.world to Europe@feddit.orgEnglish · 2 days ago
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Online marketplace paid just $18m in corporation tax, leading campaigners to call for government action
  • Meldrik@lemmy.wtf
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    2 days ago

    I don’t understand why people insist on buying hazardous products…

    • polle@feddit.org
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      1 day ago

      Its mostly the same stuff as on amazon and costs 1/4

      • GenosseFlosse@feddit.org
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        9 hours ago

        Don’t know about temu, but on Amazon you have to spend some money to promote your products to the top search results, otherwise you don’t get clicks. So they are more expensive because part of the price goes straight to Amazon.

      • Scotty@scribe.disroot.org
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        1 day ago

        Its mostly the same stuff as on amazon and costs 1/4

        This is a myth that is not true. Temu and other Chinese platforms are using their own platforms (similar to Chinese industrial companies that are using their own integrated supply chains, btw). This is not the same as on Amazon or any other Western company. Shein only recently announced that it intends to open up its own supply chain to other brands as rising tariffs on Chinese imports in the U.S. have increased pressure on the company’s retail margins.

        This fact is also important to recognize. It’s supposedly the main reason why China opposes transparent supply chains to fight forced labor and protect workers’ and consumer rights.

    • ThunderComplex@lemmy.today
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      1 day ago
      1. is cheap
      2. people dum
    • foggianism@lemmy.world
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      because it’s not hazardous

      • Scotty@scribe.disroot.org
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        9 hours ago

        @foggianism@lemmy.world

        Shein and Temu products found to contain high levels of toxic chemicals: Authorities in South Korea

        71% of products purchased at online platforms like Temu and Shein violate current environmental, health or safety requirements, a report from the Nordic Council of Ministers shows

        British documentary finds products on Temu contain dangerously high levels of harmful metals, have false certificates

        All 15 products sold by Temu, including toys and novelty items, and found that all contained button battery hazards, failing Australian safety requirements

        Consumer groups around Europe have gathered evidence of harmful chemicals in various products sold on Temu

        You’ll easily find more across the web.

      • Meldrik@lemmy.wtf
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        23 hours ago

        https://chemtrust.org/news/toxic-chemicals-temu/

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