Early this week, the exchange argued that the conflict between PDD and Shein was noteworthy. PDD is a Chinese company that owns his famous Pinduoduo e-commerce business and Temu, a discount online retailer that has boomed in the US market in recent years.
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Our post was timely.Two days after exploring the rivalry a bit, Tim filed a lawsuit against Shane. This isn’t the first time the company has done something like this. Earlier this year, the companies filed suit against each other solely to: lawsuit dismissed in October. Now, Tem has filed a new lawsuit alleging a series of misconduct by Shane.
How did a new lawsuit come about after the companies dropped their dueling lawsuits? According to the complaint, since the first lawsuit was dismissed, “Tem has been concerned that Shein’s anti-competitive conduct has persisted. “We found that not only that, but also that it was intensifying,” the company claims. At this point, it may be helpful to recall Temu’s parent company, his PDD. I recently passed Alibaba has a market capitalization, and Shane wants to be listed in the United States.
A Shein spokesperson told TechCrunch+ that the company “believes in the following.”[s] This lawsuit is without merit and we intend to vigorously defend it. ”
What does Tem say Shane is doing?
The claims in the lawsuit are wide-ranging. Some have taken up Tem’s view that Shein has filed countless “questionable copyright infringement lawsuits” against the company, and that Shein has filed “a plethora of malicious DMCA takedown notices” against rivals. It claims to have issued.
But that’s just the beginning. Temu also claims that Shein used its “monopoly power in the U.S. ultrafast fashion market” to abuse its suppliers, entering into “exclusive trade agreements” with ultrafast fashion suppliers through which Shein They allege that their property was wrongfully confiscated. This prevents suppliers from listing and selling similar products on her Temu or other retail platforms.
Source: techcrunch.com
