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PDD's Temu Office in Turkey Raided
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The office of PDD Holdings (PDD.US)'s online platform Temu, located in Turkey, was raided by local competition regulators on Wednesday morning (21st), according to Reuters. The Company's European headquarters in Dublin, Ireland, was also raided last month. The Company will fully cooperate with the Turkish investigation, and that company computers were taken during the raid, the report quoted a spokesperson of PDD Holdings as saying. The Turkish Competition Authority also acknowledged the raid, but stated that it does not imply a formal investigation and denied taking any company computer equipment, claiming it does not reflect the facts. AASTOCKS Financial News Website: www.aastocks.com |
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