Day: September 17, 2024

Test purchases from the Temu.com marketplace did not meet European requirements

Due to the administrative costs related to product safety and consumer protection, the purchase prices paid by Chinese sellers are 30–40 percent lower than those paid by Finnish stores for comparable products. However, it’s not always about comparable products, as items sold on marketplaces in third countries often do not meet European requirements in terms of labeling, traceability, or quality. This was clearly evident in test purchases made in May 2024 on the marketplace Temu.com.

The willingness of Finns to pay for sustainable products is strengthening – Doubts about Asian e-commerce are increasing

Price-driven purchasing has intensified over the past two years. Nevertheless, the majority of Finns are willing to pay a higher price for sustainable and recyclable products. Most Finns would prefer to support stores that take social responsibility in Finland, but the willingness to pay for this is weaker. Concerns about product safety in Asian online stores have increased, and recent test purchases suggest there is reason for these concerns.