TECH - Alibaba Rival Temu Joins Tech Giants List Under EU Scrutiny Crosses User Threshold for Enhanced Regulation | Benzinga

Alibaba Group Holding Limited (NYSE:BABA) rival PDD Holdings Inc’s (NASDAQ:PDD) Temu will be subject to stringent EU online content regulations that currently affect major tech firms like Meta Platforms Inc (NASDAQ:META), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, Elon Musk’s X, and TikTok. 

This development follows as Temu’s average monthly users in Europe surpassed the significant threshold of 45 million. 

According to the European Union’s Digital Services Act (DSA), platforms with over 45 million users are considered massive online platforms (VLOPs) and must undertake more significant efforts to eliminate illegal and harmful content and counterfeit products on their sites, Reuters reports.

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