The European Commission stated that it conducted surprise raids from December 2–5 last year as part of an investigation into “Temu” receiving “potentially market-distorting foreign subsidies.”
The EC declared that it “preliminarily found that ‘Temu’ breached the duty to actively cooperate in many aspects related to the inspection” at its subsidiary “WhaleCo” premises in Dublin.
The Commission stated in its announcement that “Temu” did not provide information related to the organization and management of “Temu’s” operations in the EU, as well as the IT tools and systems the company uses for its activities. Furthermore, it did not provide specific accounting books and records about the company’s operations in the EU, the Commission added.
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“The failure to provide information hindered the Commission from reviewing information sources that could have been important for the investigation,” the EU said.
“Temu” now has the right to respond to the doubts raised by Brussels.
“Temu” has 130 million users in 27 EU countries, making it one of the largest online retailers in Europe.
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