Online retailer Shein is latest to face strict European Union digital regulations
Friday, 26 April 2024 () Online fast-fashion retailer Shein must face the European Union’s strictest level of digital regulations. The bloc said Friday that it added the company to its list of big platforms that need extra scrutiny. The EU’s Executive Commission said it formally classed Shein as a “very large online platform” under the 27-nation bloc’s Digital Services Act. It's an expansive rulebook designed to clean up online platforms and keep internet users safe. Shein is a low-cost online retailer that was founded in China but is now based in Singapore. It reaches customers mainly through its app. Because it has more than 45 million European users, Shein has to start obeying the most stringent requirements by August.
The European Union must get bigger or risk facing a "new Iron Curtain" along its eastern flank, European Council President Charles Michel said Monday as the bloc marks 20 years since its largest ever enlargement.
European Union figures have lent their support to Ukraine joining the bloc as the Czech Republic commemorates 20 years of European Union Member State status with an event at Prague Castle in the..
Credit: euronews (in English) Duration: 02:03Published
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Friday, 26 April 2024 ()
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