Commission designates Temu as Very Large Online Platform under the Digital Services Act

EU introduces customs duties on low-value e-commerce packages

This article is brought to you in association with the European Commission. Today, the Commission has formally designated Temu as a Very Large Online Platform (VLOP) under the Digital Services Act (DSA). Temu is an online marketplace with an average of more than 45 million monthly users in the European Union. This user number, which Temu […]

A reality check on inclusive innovation

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Hikmet Ersek, President and Chief Executive Officer, Western Union There are still billions of people globally with little or no access to a “digital only” world. Understanding local market realities can help bridge that digital divide. Financial innovators […]

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