Zalando Accelerates Growth and Profitability in 1Q25
Zalando, Europe’s leading online fashion and lifestyle platform, delivered a strong start to 2025 by accelerating both growth and profitability in the first quarter.
TikTok was fined a €530 million penalty by the Irish Data Protection Commission (DPC). The fine was decided over violating EU privacy laws following a probe into the platform’s transfer of European user data to China.
DPC found that the company breached the data protection rules by unlawfully transferring European user data to China, giving it a six-month deadline to halt any non-compliant transfers. In April, the ByteDance-owned company revealed that some European user data had been stored on servers in China, contradicting previous claims made to the regulator during the investigation.
In a statement, Graham Doyle, a deputy commissioner at the DPC, stated that TikTok failed to properly assess whether users’ data accessed remotely in China received protection equivalent to EU standards, considering that local laws such as anti-terrorism and counter-espionage are materially diverging from EU standards. The regulator also criticized TikTok’s lack of transparency in informing users about these transfers.
The investigation uncovered flaws in TikTok’s 2021 privacy policy, which did not name China as a destination for data transfers or outline the scope of processing activities. These gaps amounted to a €45 million fine for transparency failings, with €485 million imposed for the unlawful transfers. Although TikTok has since confirmed that the data in question has been deleted, the DPC stated it is considering whether further regulatory action is necessary in consultation with the EU Data Protection Authorities.
TikTok plans to appeal the decision and stated it has never received or responded to requests for European user data from Chinese authorities. The penalty marks the third-largest ever issued under the General Data Protection Regulation (GDPR), trailing previous fines of €1.2 billion against Meta and €746 million against Amazon.