In a significant policy shift aimed at alleviating financial pressure on sellers, Chinese authorities have requested e-commerce platform operators to cease the practice of requiring sellers to issue refunds without the return of goods. This decision is expected to be implemented by July and highlights the government’s effort to support merchants during challenging economic conditions. Key players involved in this policy revision include PDD Holdings $PDD and JD.com $9618.HK.

The Turkish Competition Authority has announced the launch of a large-scale investigation into several prominent companies, including Apple, as well as local enterprises such as Destek Bilisim, Easycep Bilisim, Getmobil Technology, and HB Bilisim. The primary focus of the investigation is on whether these companies have interfered with the pricing methods of their resellers, potentially violating Turkey's competition laws. This development marks a significant moment for the Turkish market, drawing attention to issues surrounding fair trade and market transparency.