Allegro Q3 profit up 45% to record, doubles lead over Temu on EU import fees

Polish e-commerce platform Allegro reported a 45% year-on-year increase in net profit to a historic high in Q3, driven by EU fees on small shipments from non-EU countries that disadvantage Chinese rivals like Temu. International sales in Czech Republic, Slovakia, and Hungary grew over 100% year-on-year. The development signals a competitive shift in European e-commerce, with regulatory costs favoring local players.

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