Shein sued by rival Temu for alleged ‘mafia-style intimidation’ - News Summed Up

Shein sued by rival Temu for alleged ‘mafia-style intimidation’


The lawsuit, filed Wednesday in the US District Court of the District of Columbia by Temu’s US-based parent company, WhaleCo, alleges that Shein has engaged in “mafia-style intimidation” tactics against Temu and its suppliers. Both Temu and Shein are Chinese-owned e-commerce companies specializing in low-cost and discount goods — mostly shipped from China. Temu’s WhaleCo is owned by China-based PDD, which also owns the hugely popular Chinese e-commerce giant Pinduoduo. Temu filed another lawsuit against Shein in Massachusetts federal court in July, accusing its rival of violating antitrust laws. That lawsuit followed a complaint by Shein, which sued Temu in December for allegedly mobilizing social media influencers to disparage Shein online.


Source: CNN December 15, 2023 11:31 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */