HANOI – Vietnam has suspended the operations of Chinese language on-line retailer Temu after it failed to satisfy a authorities deadline to register the corporate by the top of November.
It’s unclear if Temu, a unit of Chinese language e-commerce large Pinduoduo, can be allowed to renew its enterprise as soon as it registers. The suspension comes after the ministry had raised issues in regards to the authenticity of Temu’s extraordinarily low-cost merchandise and their impression on Vietnamese producers.
Temu mentioned Thursday it was working with the Vietnam E-commerce and Digital Financial system Company and the Ministry of Business and Commerce to register its e-commerce companies and had submitted required paperwork.
Temu started promoting items in Vietnam in October with aggressive reductions and free transport. The federal government had warned the corporate that its app and web site can be blocked if it didn’t register earlier than an end-of-November deadline, official Vietnam Information Company cited the Ministry of Business and Commerce as saying.
On Thursday, Vietnamese language choices have been faraway from Temu’s web site. A notification on the location mentioned that Temu was working “with the Vietnam E-commerce and Digital Financial system Company and the Ministry of Business and Commerce to register its provision of e-commerce companies in Vietnam.”
Temu is being investigated in Europe over suspicions it was failing to stop the sale of unlawful merchandise.
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