So far, multiple countries have investigated the overseas version of Pinduoduo!

First, South Korea fired the first shot, launching an investigation into Temu in May last year, finding that it illegally collected and processed user identity and facial video information when conducting local business, resulting in a fine of over 1.3 billion Korean won.
Next, the European Union recognized Temu as non-compliant in July last year, accusing it of poor product quality and using lucky spin games to lure consumers, and is still under investigation, with the fine amount yet to be determined.
Then, the United States, in September last year, was reported by U.S. consumers, and the FTC determined that it violated the Consumer Information Disclosure Act by not providing an effective channel to report counterfeit and unsafe products, resulting in a fine of 2 million USD.
The baton was then passed to Poland, where in January this year, the Competition and Consumer Protection Office found that some Temu products displayed "original price 99 euros, current price 29 euros," but in reality, the product had never been sold at 99 euros in the past 30 days, and the so-called "original price" was purely fictitious, resulting in a fine of 1 million euros.
Finally, France, Turkey, and Ireland took turns, with investigations into Temu offices in these three countries from December last year to January this year, uncovering various issues including low-price dumping, failure to implement tax registration, and local representative systems.
Two days ago, the Hungarian Competition Authority ruled that Temu engaged in false discounts and misleading advertising, ordering it to refund consumers 882 million forints and pay a fine of 437 million forints.
Although Temu makes a lot of money, its expenses are also substantial. To continue operating, Temu must upgrade its business, as copying the domestic "big scam" tactics overseas seems to no longer work! $ETH