Wednesday, August 21, 2024

Shein sues Temu (again) in a U.S. court as Chinese e-commerce feud heats up

Perhaps, a merger is advised or in preparation! Just kidding! 😊

"The saga of Chinese-founded cross-border e-commerce giants continued to heat up this week, with Shein filing another suit against Temu, this time accusing its rival of counterfeiting goods, stealing trade secrets and confusing customers with an "illegal" business model.

In a complaint filed to the federal court in Washington on Monday, fast-fashion giant Shein claimed that Temu, the cross-border bargain platform of Chinese e-commerce giant PDD Holdings, has been "encouraging its sellers to infringe the intellectual property rights of others and sell counterfeit or sub-standard goods" in order to "minimize the massive losses it is subsidizing." ..."

Shein sues Temu (again) as e-commerce feud heats up - Nikkei Asia "China-founded cross-border platforms have taken each other to court multiple times"

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