Chinese online retail giant Temu has gone silent regarding the looming crackdown on its alleged questionable activities in South Africa, while Shein has denied dodging customs and other taxes.
In late April, Zietsman said some “new players” aren’t adhering to tax regulations while sellers on Takealot are forced to pay import duties. It is important to note that Temu is a marketplace similar to Takealot and Amazon that allows third parties to sell on its platform, while Shein produces and sells clothes.
“Contrary to some common misperceptions, we keep prices affordable through our technology-based on-demand business model and flexible supply chain,” the company told MyBroadband.
Frederik Zietsman Headline Michael Lawrence National Clothing Retail Federation (NCRF) Shein South African Revenue Service (SARS) Takealot Temu Business Internet
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: mybroadband - 🏆 11. / 67 Read more »
Source: mybroadband - 🏆 11. / 67 Read more »
Zando launches international unit to counter Shein and Temu in South AfricaIn order to stand out, Zando said its new unit ensures that South African shoppers can easily receive, collect and return products, offering hassle-free shopping with local operations.
Source: Moneyweb - 🏆 5. / 77 Read more »
Source: mybroadband - 🏆 11. / 67 Read more »
Source: brieflyza - 🏆 10. / 68 Read more »
Source: brieflyza - 🏆 10. / 68 Read more »