27 May 2026
More recent developments
May 29, 2026
Temu hit with EUR 200 million fine over unsafe products
What happened: The European Commission fined Temu EUR 200 million for failing to stop sales of unsafe baby toys and chargers on its platform. This is only the second fine issued under the EU's Digital Services Act, following a EUR 120… Read More »
May 29, 2026
JD adjusts course on automation
What happened: On May 27, JD founder Liu Qiangdong promised his workforce that robots are not coming for their jobs. For front-line workers that are replaced by machines, “JD will not fire a single one." Instead, JD has established 80+ "robobases"… Read More »
May 29, 2026
Big Fund to lead DeepSeek fundraising
On May 28, Caijing reported that the Big Fund will lead DeepSeek's first external fundraising round, confirming a string of earlier foreign reports on the development. Caijing did not disclose specific figures, but Bloomberg has reported a valuation of USD… Read More »