Tag "Wish"

New elements and top fines in GVH’s practice

New elements and top fines in GVH’s practice
Date: 2024-02-20 15:32:32

Several competition law and consumer protection topics have been discussed at the business breakfast of Schönherr Hetényi Law Firm. This article is available for reading in Trade magazin 2024/2-3 Attorneys...

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Temu is in trouble: Wish was sold for pennies

Temu is in trouble: Wish was sold for pennies
Date: 2024-02-14 11:47:32

The Chinese company Qoo10 bought the e-commerce platform Wish, which was valued at 14 billion dollars a few years ago, for only 173 million dollars. The transaction points to the...

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The GVH ordered Wish to pay compensation

The GVH ordered Wish to pay compensation
Date: 2023-02-21 09:00:08

The Economic Competition Authority (GVH) has closed its investigation against Wish, one of the largest international e-commerce marketplaces, launched in 2021. The operator of the platform undertook a complex reparation...

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E-commerce: The sky is the limit

E-commerce: The sky is the limit
Date: 2021-10-12 10:07:14

Artificial intelligence, grown social media influence, portable purchase – these are only a few features which define the e-commerce trends of 2021. Never has it grown so stable than now....

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E-commerce is growing fast

E-commerce is growing fast
Date: 2019-10-20 12:39:52

GfK has done a major online survey on the digital consumption habits of Hungarians in 2019. The answers given in the 1,500-respodent study have revealed that the number of regular...

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