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7 CN E-commerce Platforms Say They Sincerely Accept Penalties by Regulators, Pledge to Firmly Fulfill Food Safety Responsibilities
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China’s State Administration for Market Regulation (SAMR) imposed administrative penalties on seven leading e-commerce platforms, including PDD (PDD.US), MEITUAN-W (03690.HK), JD-SW (09618.HK), Ele.me (Taobao Instant Commerce), Douyin, Taobao and Tmall, over a series of "ghost delivery" cases. The regulator ordered rectification of illegal activities, suspended the addition of new cake shops for periods ranging from three to nine months, and imposed confiscations and fines totaling RMB3.597 billion. In addition, a combined fine of RMB19.6874 million was levied on the legal representatives and food safety directors of the seven platform companies. MEITUAN responded that it will implement rectification measures in accordance with food safety regulatory requirements, comprehensively enhance governance capabilities, and, under the guidance of regulators at all levels, resolutely crack down on illegal activities. JD said it fully accepts and firmly supports the food safety regulatory requirements of the regulator. The company will continue to upgrade technological tools, optimize review mechanisms, reinforce primary responsibilities, and ensure food safety and quality. Ele.me (Taobao Instant Commerce) stated that it will resolutely implement the relevant administrative penalty decisions, conduct comprehensive inspections in line with food safety regulatory requirements, enforce strict governance, and carry out ongoing and normalized compliance initiatives and rectification work, in order to eradicate the breeding ground for illicit activities and effectively safeguard food safety. Taobao and Tmall stated that it will resolutely implement the relevant administrative penalty decisions, conduct comprehensive inspections in accordance with food safety regulatory requirements, enforce strict governance, and continue normalized compliance development and rectification efforts, in order to eliminate the breeding ground for illicit activities and effectively safeguard food safety. Auto-translated by AI AASTOCKS Financial News |
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