Tag: Asian
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Battle for the bargains – Amazon versus Temu: who will win the prize duel?
What's better than cheap? That's right: even cheaper. Chinese online marketplace Temu has led the way and taken the hearts and especially the wallets...
Number Two in the World – A massive crypto exchange is planning its EU headquarters in Vienna
From 2025, cryptocurrency companies will only need a license in one EU country to offer services across the union. This is why Asian and...
Duty-free border wobbles – Pressure mounts on Temu and Shein in Brussels
Germany and Austria are joining other EU countries in campaigning for greater control over online retailers such as Chinese companies Temu and Shein. “We...
Temu and Shein – Brunner also in favor of abolishing the duty-free border
After German Minister of Economic Affairs Robert Habeck, Austrian Finance Minister Magnus Brunner also spoke out in favor of abolishing the tax-free limit of...
Insomnia in retail: empty cash registers despite busy shopping streets
Busy shopping streets are currently a deceptive picture. Despite some good visitor numbers, Austrians are not very generous in the retail trade and the...
