Thailand to tighten scrutiny of PDD-backed shopping app Temu to protect local merchants, report says

Quick Summary:

Thailand authorities are tightening regulations on the bargain shopping site Temu to protect local merchants from the influx of low-priced, direct-to-consumer Chinese products, according to a media report.

The Temu logo is seen in the App Store on an iPhone screen.

Next year, a new law will allow the revenue department to continue collecting VAT on such products.

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Article Details

Author / Journalist: Wency Chen

Category: Technology

Markets: Hong KongChinaIndonesiaMalaysiaPhilippinesThailand

Topics: Products Year Reported Thai Cent Chinese Thailand Temu According Billion Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-05 @ 19:00:15 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 363 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21932884

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