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Hit With EU Statement of Grounds Over Ireland Inspection","url":"https://stock-news.laohu8.com/highlight/detail?id=2655363896","media":"MT Newswires Live","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2655363896?lang=en_us&edition=fundamental","pubTime":"2026-07-31 19:15","pubTimestamp":1785496505,"startTime":"0","endTime":"0","summary":"PDD Holdings , Temu's parent company, and its subsidiary WhaleCo Technology have received a Statement of Grounds from the European Commission over preliminary concerns that they obstructed an inspection at WhaleCo's premises in Ireland, the Commission said Friday.The inspection, conducted in December 2025 under the EU Foreign Subsidies Regulation, was part of the Commission's investigation into whether Temu benefited from foreign subsidies that could distort competition in the European Union.The Commission alleges Temu failed to provide requested information and records during the inspection, potentially breaching its procedural obligations.PDD and WhaleCo now have an opportunity to respond before the Commission reaches a final decision.The Commission said the underlying foreign subsidies investigation remains 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Holdings-Owned Temu Faces EU Claim It Obstructed Inspection","url":"https://stock-news.laohu8.com/highlight/detail?id=2655368405","media":"MT Newswires Live","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2655368405?lang=en_us&edition=fundamental","pubTime":"2026-07-31 19:06","pubTimestamp":1785496012,"startTime":"0","endTime":"0","summary":"PDD Holdings-owned  Temu and its Irish operating entity, Whaleco Technology Limited, received a statement of grounds for allegedly impeding an unannounced December 2025 inspection of Whaleco's Dublin premises, the European Commission said Thursday.The online retailer allegedly blocked regulatory access by refusing to hand over mandatory company records, management data, and IT infrastructure details, the EC said.The parallel investigation into whether the company obtained market-distorting foreign subsidies remains ongoing, the agency said.A Temu spokesperson told MT Newswires the company rejects the preliminary findings, denies receiving any market-distorting foreign subsidies, and funds its European activities entirely through its own operating cash 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Gets EU Warning over Dublin Foreign Subsidies Inspection","url":"https://stock-news.laohu8.com/highlight/detail?id=2655453368","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2655453368?lang=en_us&edition=fundamental","pubTime":"2026-07-31 19:03","pubTimestamp":1785495780,"startTime":"0","endTime":"0","summary":"The European Union told Temu-owner PDD Holdings and its subsidiary WhaleCo Technology that it is concerned the e-commerce group obstructed an inspection at its Dublin premises under the bloc's 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