
如果你关注过亚·莉莉(Ya Lili)的Instagram账号“@findgadgetswithme”,成为其18.3万粉丝中的一员,那你大概率刷到过她近期发布的一则短视频:一名男子身着泳裤站在阳光明媚的海滩上,背上沾满泥土。他一边徒劳地搓着胳膊上的褐色污渍,一边喊道:“这根本弄不掉!”突然,一名穿戴整齐的女子不知从哪里走进画面,说道:“是你方法不对!”说完,她拿起搓澡巾,擦掉大片污渍。
画外音响起:“如果你还在用手搓,那就落伍了。”镜头切到特写画面,一名女子使用这款搓澡手套,擦掉大腿上一道道的波浪形污渍。
很明显,这是一段AI生成的垃圾内容。
但如果你想买这款搓澡巾,视频下方附有链接,可跳转至Temu平台。
《财富》杂志获取的调研数据显示,亚·莉莉是Temu在Meta平台英国及欧洲地区合作广告的头部创作者。但问题在于,几乎可以确定,亚·莉莉并非真实存在的个人,而是一个虚假账号。
事实上,研究表明,在Temu合作广告推广的前100名创作者中,有73个账号大概率是虚假账号。
目前尚不清楚,Temu是有意使用这类账号,还是遭不法分子蒙骗,为这些虚构网红账号支付广告费。但这些疑似虚假账号可能使Temu陷入法律纠纷:欧洲法律禁止采用误导性广告形式。
Temu和亚·莉莉均未回应《财富》杂志的多次置评请求。Meta方面同样拒绝置评。
真金白银流向虚假账号
亚·莉莉在脸书(Facebook)上还有一个账号,拥有12.9万粉丝,但名称完全不同—— “Must good”。主页标注的地理位置十分混乱,同时显示“英国伯明翰、美国密苏里州”。简介写着:“你是我对死亡的幻想。”该账号绑定的邮箱地址似乎是中文。
然而,根据 Online Risk Labs(ORL)的数据,该账号发布的所有帖子均附带Temu各类商品的跳转链接,在截至2026年4月的16个月里,这些内容经Temu推流,在两大平台的曝光量超10亿次。ORL 是一家总部位于捷克的独立非营利机构,专注网络安全与互联网系统性风险研究。
数据显示,在此期间,亚·莉莉的内容被嵌入近109541个Temu广告活动,日均约225个。
ORL的数据表明,利用脸书和Instagram上的创作者持续产出低质AI推广内容,是Temu在社交媒体上触达用户的核心手段之一。据ORL估算,在此期间,Temu在英国以及27个欧盟成员国,为此类广告投入9.62亿美元。
该估算基于广告总曝光量与单次触达平均成本计算得出。该机构估计,仅Temu一家,单季度广告投入就接近Meta欧洲地区总营收的2%。
《财富》杂志邀请两位社交媒体广告领域专家核查ORL的数据和估算结果,两位专家均认为相关测算具有合理性。
ORL的研究仅覆盖英国与欧洲地区,原因是这些地区实施《数字服务法案》,要求大型平台运营商公开其广告库,研究人员得以识别行业趋势或违规商业行为,而美国暂未建立同类公开数据库。
ORL负责人温杜拉·普罗库普科娃(Vendula Prokůpková)向《财富》杂志表示:“与Temu合作的前100名网红账号中,确实存在部分真实用户,但据我估计,占比不超过15%‑20%。
潜在法律风险
伦敦Mishcon de Reya律师事务所合伙人、广告营销业务主管斯图尔特·莱斯特(Stuart Lester)表示,这可能引发法律问题。
“企业固然可以利用脸书、Instagram以及网红资源开展推广,但必须遵守相关法规。绝对不能创建虚假账号,并将其包装成真实个人,此举将在多个层面构成误导。”
多部法律与多家监管机构均认定,诈骗分子、广告商使用虚假账号,或是Meta平台上存在此类账号,都可能涉嫌违法。英国2024年出台的《数字市场、竞争与消费者法案》,明令禁止误导性广告;欧洲议会近期通过的《欧盟人工智能法案》,要求AI生成内容发布者明确标注内容属性。
莱斯特告诉《财富》杂志,创建虚假账号投放广告很可能违反欧洲多个司法管辖区法规。“这将构成误导。在英国确凿无疑,欧盟大概率同样适用。”
Meta百亿规模的合作广告业务
亚·莉莉这类合作广告的运作机制如下:创作者发帖推荐某个品牌并附上商品购买链接,就可将该帖转化为商业广告。广告商(例如Temu)审核通过后,即可像投放普通广告一样为该内容付费,并通过Meta算法推流,创作者则按合约或销售分成获取收益。
2026年第一季度,Meta合作广告业务营收达100亿美元,公司总营收为563亿美元,这意味着合作广告贡献了Meta总营收的17%。Meta尚未公布第二季度合作广告相关数据,该季度Meta总营收为608亿美元。
在规模超百亿美元的合作广告板块中,Temu的投放体量十分可观。
ORL数据显示,2025年1月至2026年4月,Meta平台上共有31个Temu官方主页,在欧盟与英国投放超900万条广告,累计曝光1340亿次。
其中,合作广告(即使用创作者内容的广告)占Temu广告投放总量的65.8%,占总曝光量的49.6%。ORL认为这一比例明显异常,因为其他广告商的合作广告占比通常仅为广告总量的 2%。
来自中国和俄罗斯的一次性账号
ORL表示,这些合作广告都是通过一小部分创作者发布的。在2026年1月至4月的四个月里,100名创作者就包揽了Temu在该地区74%的合作广告,累计投放超140万条独立广告,总曝光169亿次。
这些账号表面上由真人运营,实则专门用于推广Temu产品。因此,有理由相信它们是“一次性创作者”——并非真实个人,而是专门消耗Temu广告预算的虚假账号。在ORL研究的16个月里,前100名账号中,有73%至少改过一次用户名。其中一个账号改了15次,真正的网红绝不会这样做。
仅有 8 个账号通过了真实身份认证。ORL提交给《财富》杂志的数据资料指出:“尽管目标受众是欧盟用户,但前100个账号中,28个显示位于俄罗斯,19个位于中国,仅有6个位于欧盟或英国。”其余账号中,34个显示位于美国,其他来自孟加拉国、加拿大和加纳。
Meta长期难以遏制平台上的虚假广告活动。ORL已向欧盟《数字服务法案》监管机构提交报告,请求监管部门针对Temu大批低质网红账号开展风险评估。
“运营粗放,而非蓄意欺诈”
“如果他们(Temu)认为这是成本略低/效果更好的广告方式,那么他们可能是有意为之,以操纵投放机制。”罗布·莱瑟恩(Rob Leathern)表示。他曾任脸书高级产品总监,2020年离职,现为反诈企业InfoHawk创始人兼首席执行官。
科技媒体咨询公司Madison & Wall董事总经理卢克·斯蒂尔曼(Luke Stillman)接受《财富》杂志采访时表示,中国广告商的线上运营逻辑,与欧洲或美国广告商存在明显差异。“考虑到中国社交电商、创作者经济的发展模式和欧洲差异巨大,Temu将相当一部分Meta广告预算投入合作广告,也就不足为奇了。这类模式在欧美还相对少见;而在中国,社交电商占比高得多,创作者合作、直播带货已深度嵌入商品营销与销售环节。”
他认为Temu更可能是“运营粗放,而非蓄意欺诈”。
他表示:“一方面我相信,相比通过合作广告渠道投放大量AI生成的创作者内容,有回报率更高的广告活动形式。另一方面,动态内容生成、AI赋能内容创作以及效果优化算法,在整个行业变得愈发普遍,而Temu的投放模式恰好契合这一趋势。”(财富中文网)
译者:中慧言-王芳
如果你关注过亚·莉莉(Ya Lili)的Instagram账号“@findgadgetswithme”,成为其18.3万粉丝中的一员,那你大概率刷到过她近期发布的一则短视频:一名男子身着泳裤站在阳光明媚的海滩上,背上沾满泥土。他一边徒劳地搓着胳膊上的褐色污渍,一边喊道:“这根本弄不掉!”突然,一名穿戴整齐的女子不知从哪里走进画面,说道:“是你方法不对!”说完,她拿起搓澡巾,擦掉大片污渍。
画外音响起:“如果你还在用手搓,那就落伍了。”镜头切到特写画面,一名女子使用这款搓澡手套,擦掉大腿上一道道的波浪形污渍。
很明显,这是一段AI生成的垃圾内容。
但如果你想买这款搓澡巾,视频下方附有链接,可跳转至Temu平台。
《财富》杂志获取的调研数据显示,亚·莉莉是Temu在Meta平台英国及欧洲地区合作广告的头部创作者。但问题在于,几乎可以确定,亚·莉莉并非真实存在的个人,而是一个虚假账号。
事实上,研究表明,在Temu合作广告推广的前100名创作者中,有73个账号大概率是虚假账号。
目前尚不清楚,Temu是有意使用这类账号,还是遭不法分子蒙骗,为这些虚构网红账号支付广告费。但这些疑似虚假账号可能使Temu陷入法律纠纷:欧洲法律禁止采用误导性广告形式。
Temu和亚·莉莉均未回应《财富》杂志的多次置评请求。Meta方面同样拒绝置评。
真金白银流向虚假账号
亚·莉莉在脸书(Facebook)上还有一个账号,拥有12.9万粉丝,但名称完全不同—— “Must good”。主页标注的地理位置十分混乱,同时显示“英国伯明翰、美国密苏里州”。简介写着:“你是我对死亡的幻想。”该账号绑定的邮箱地址似乎是中文。
然而,根据 Online Risk Labs(ORL)的数据,该账号发布的所有帖子均附带Temu各类商品的跳转链接,在截至2026年4月的16个月里,这些内容经Temu推流,在两大平台的曝光量超10亿次。ORL 是一家总部位于捷克的独立非营利机构,专注网络安全与互联网系统性风险研究。
数据显示,在此期间,亚·莉莉的内容被嵌入近109541个Temu广告活动,日均约225个。
ORL的数据表明,利用脸书和Instagram上的创作者持续产出低质AI推广内容,是Temu在社交媒体上触达用户的核心手段之一。据ORL估算,在此期间,Temu在英国以及27个欧盟成员国,为此类广告投入9.62亿美元。
该估算基于广告总曝光量与单次触达平均成本计算得出。该机构估计,仅Temu一家,单季度广告投入就接近Meta欧洲地区总营收的2%。
《财富》杂志邀请两位社交媒体广告领域专家核查ORL的数据和估算结果,两位专家均认为相关测算具有合理性。
ORL的研究仅覆盖英国与欧洲地区,原因是这些地区实施《数字服务法案》,要求大型平台运营商公开其广告库,研究人员得以识别行业趋势或违规商业行为,而美国暂未建立同类公开数据库。
ORL负责人温杜拉·普罗库普科娃(Vendula Prokůpková)向《财富》杂志表示:“与Temu合作的前100名网红账号中,确实存在部分真实用户,但据我估计,占比不超过15%‑20%。
潜在法律风险
伦敦Mishcon de Reya律师事务所合伙人、广告营销业务主管斯图尔特·莱斯特(Stuart Lester)表示,这可能引发法律问题。
“企业固然可以利用脸书、Instagram以及网红资源开展推广,但必须遵守相关法规。绝对不能创建虚假账号,并将其包装成真实个人,此举将在多个层面构成误导。”
多部法律与多家监管机构均认定,诈骗分子、广告商使用虚假账号,或是Meta平台上存在此类账号,都可能涉嫌违法。英国2024年出台的《数字市场、竞争与消费者法案》,明令禁止误导性广告;欧洲议会近期通过的《欧盟人工智能法案》,要求AI生成内容发布者明确标注内容属性。
莱斯特告诉《财富》杂志,创建虚假账号投放广告很可能违反欧洲多个司法管辖区法规。“这将构成误导。在英国确凿无疑,欧盟大概率同样适用。”
Meta百亿规模的合作广告业务
亚·莉莉这类合作广告的运作机制如下:创作者发帖推荐某个品牌并附上商品购买链接,就可将该帖转化为商业广告。广告商(例如Temu)审核通过后,即可像投放普通广告一样为该内容付费,并通过Meta算法推流,创作者则按合约或销售分成获取收益。
2026年第一季度,Meta合作广告业务营收达100亿美元,公司总营收为563亿美元,这意味着合作广告贡献了Meta总营收的17%。Meta尚未公布第二季度合作广告相关数据,该季度Meta总营收为608亿美元。
在规模超百亿美元的合作广告板块中,Temu的投放体量十分可观。
ORL数据显示,2025年1月至2026年4月,Meta平台上共有31个Temu官方主页,在欧盟与英国投放超900万条广告,累计曝光1340亿次。
其中,合作广告(即使用创作者内容的广告)占Temu广告投放总量的65.8%,占总曝光量的49.6%。ORL认为这一比例明显异常,因为其他广告商的合作广告占比通常仅为广告总量的 2%。
来自中国和俄罗斯的一次性账号
ORL表示,这些合作广告都是通过一小部分创作者发布的。在2026年1月至4月的四个月里,100名创作者就包揽了Temu在该地区74%的合作广告,累计投放超140万条独立广告,总曝光169亿次。
这些账号表面上由真人运营,实则专门用于推广Temu产品。因此,有理由相信它们是“一次性创作者”——并非真实个人,而是专门消耗Temu广告预算的虚假账号。在ORL研究的16个月里,前100名账号中,有73%至少改过一次用户名。其中一个账号改了15次,真正的网红绝不会这样做。
仅有 8 个账号通过了真实身份认证。ORL提交给《财富》杂志的数据资料指出:“尽管目标受众是欧盟用户,但前100个账号中,28个显示位于俄罗斯,19个位于中国,仅有6个位于欧盟或英国。”其余账号中,34个显示位于美国,其他来自孟加拉国、加拿大和加纳。
Meta长期难以遏制平台上的虚假广告活动。ORL已向欧盟《数字服务法案》监管机构提交报告,请求监管部门针对Temu大批低质网红账号开展风险评估。
“运营粗放,而非蓄意欺诈”
“如果他们(Temu)认为这是成本略低/效果更好的广告方式,那么他们可能是有意为之,以操纵投放机制。”罗布·莱瑟恩(Rob Leathern)表示。他曾任脸书高级产品总监,2020年离职,现为反诈企业InfoHawk创始人兼首席执行官。
科技媒体咨询公司Madison & Wall董事总经理卢克·斯蒂尔曼(Luke Stillman)接受《财富》杂志采访时表示,中国广告商的线上运营逻辑,与欧洲或美国广告商存在明显差异。“考虑到中国社交电商、创作者经济的发展模式和欧洲差异巨大,Temu将相当一部分Meta广告预算投入合作广告,也就不足为奇了。这类模式在欧美还相对少见;而在中国,社交电商占比高得多,创作者合作、直播带货已深度嵌入商品营销与销售环节。”
他认为Temu更可能是“运营粗放,而非蓄意欺诈”。
他表示:“一方面我相信,相比通过合作广告渠道投放大量AI生成的创作者内容,有回报率更高的广告活动形式。另一方面,动态内容生成、AI赋能内容创作以及效果优化算法,在整个行业变得愈发普遍,而Temu的投放模式恰好契合这一趋势。”(财富中文网)
译者:中慧言-王芳
If you are one of Ya Lili’s 183,000 followers on her “@findgadgetswithme” Instagram account, you may have seen this video she posted recently: A man stands on a sunny beach, dressed only in swim shorts, his back covered in dirt. “This won’t come off!” he shouts as he rubs futilely at the brown filth covering his arm. Suddenly, out of nowhere, a fully dressed woman walks into the frame and says, “Because you’re doing it wrong!” She then takes a bath mitt and wipes away a large swathe of the soil.
“If you’re still using your bare hands, you are missing out,” the voiceover says, as the action switches to a close-up of a woman using the sponge glove to clean a series of inexplicable squiggly lines from her bare thighs.
It’s AI slop, obviously.
But if you want to buy this shower scrubber, there’s a link under the video where you can find them for sale on Temu.
Ya Lily is the top creator for Temu’s partnership ads on Meta platforms in the U.K. and Europe, according to research seen by Fortune. The problem is, Ya Lily almost certainly does not exist. She’s a fake account.
In fact, of the top 100 creators boosted by Temu’s partnership ads, 73 are likely fakes, the research suggests.
It is not clear whether Temu is doing this deliberately or is being fooled by scammers into spending money on influencers who don’t exist. But the likely fake accounts potentially set up a legal quagmire for Temu, as European law bars the use of misleading formats for advertising.
Neither Temu nor Ya Lilly responded to multiple requests for comment from Fortune. Meta declined comment when reached.
Real money going to fake accounts
Ya Lily has a further 129,000 followers on Facebook, where she goes by a completely different name, “Must good.” That page gives her location as “England, Birmingham, MO, United States.” Her bio says “You are my dream of dead.” And her email address appears to be Chinese.
And yet her posts—which all contain links to a random assortment of Temu products—were boosted by Temu and seen more than 1 billion times across both platforms in 16 months ending in April 2026, according to Online Risk Labs. ORL is an independent non-profit based in the Czech Republic, which researches cybersecurity and systemic risk online.
Ya Lily’s content ran in nearly 109,541 Temu ad campaigns in that period, the data show. That’s about 225 campaigns per day.
Using creators on Facebook and Instagram to churn out an endless stream of low-effort AI promotions is one of Temu’s main ways to reach people on social media, ORL’s data suggest. Temu spent as much as $962 million on ads like these in the period, in the U.K. and 27 E.U. countries, according to ORL.
Its estimate is based on total impressions and average cost per reach. The group estimates that in any given quarter Temu alone forms nearly 2% of all the revenue Meta earns from the continent.
Fortune asked two experts in social media advertising to check ORL’s data and estimates. Both found them plausible.
The ORL data focuses only on the U.K. and Europe because the Digital Services Act, which covers those countries, requires large platform providers to publish a public library of all the ads they run, allowing researchers to identify trends or problematic commercial behavior. No such database exists for the U.S.
“Among the top 100 influencers collaborating with Temu, there are certainly some real people among them. In my estimate, however, they account for no more than 15–20%. By contrast, I have serious doubts about the authenticity of accounts that, according to the platform, are based in Russia, China, or Iran,” ORL’s manager, Vendula Prokůpková, told Fortune.
Legally questionable
That could raise legal issues, according to Stuart Lester, the partner who leads law firm Mishcon de Reya’s advertising and marketing group, in London.
“By all means utilize Facebook and Instagram and influencers, but know that there are rules that you have to abide by, and you certainly can’t be creating fake accounts and portraying these as real individuals. That’s misleading on many levels.”
There are several laws and regulatory agencies that might see the use of fake accounts—by scammers, advertisers, or even their mere existence on Meta’s platforms—as potentially infringing the law. In the U.K., the Digital Markets, Competition & Consumers Act of 2024 bans advertising that is misleading. The European Parliament recently passed the new E.U. AI Act, which requires publishers of AI-generated content to label it transparently.
Creating a fake account to carry advertising is likely to be a breach of regulations in multiple European jurisdictions, Lester told Fortune. “That will be misleading. I would say, certainly, in the U.K. and I strongly suspect in the E.U. as well.”
A $10 billion business for Meta
Partnership ads like Ya Lily’s work by allowing creators to enable their posts to be used as ads if they recommend a brand and include a link where viewers can buy the product. If a marketer like Temu approves of the post, it can spend money on it as if it were an ad, and boost it in Meta’s algorithms. The creator gets paid either via a contractual agreement or a cut of sales generated.
Meta booked $10 billion in revenues from partnership ads in Q1 2026. Its total revenue was $56.3 billion—meaning that partnership ads were about 17% of its entire revenue. The company did not give an update on the partnership numbers for Q2, in which Meta disclosed $60.8 billion in revenue overall.
Within that $10 billion-plus partnership ad segment, Temu’s presence is huge.
Between January 2025 and April 2026, there were 31 official Temu pages on Meta and they ran over 9 million ads across the E.U. and the U.K., ORL’s data says. The cumulative reach of those ads was 134 billion views.
Of those ads, partnership ads (the ones using creator content) were 65.8% of all Temu’s ads and 49.6% of their reach. That is unusual, ORL believes, because among other advertisers, typically only 2% of their ads are partnership ads.
Burner accounts from China and Russia
And those partnership ads are channeled through a narrow group of creators, ORL says. In the four months between January and April 2026, 100 creators accounted for 74% of all Temu’s partnership ads in the region. Those creators ran more than 1.4 million individual ads that got a cumulative reach of 16.9 billion eyeballs.
Most of those accounts—which initially appear to be run by real people—are dedicated to pushing Temu products. But there is reason to believe they are “burner creators”—fake accounts that don’t represent real people that have been created specifically to take advantage of Temu’s ad budget. Seventy-three percent of the top 100 accounts had changed their handle at least once since they were created, ORL said. One of them changed its name 15 times—something real influencers never do.
Only eight of them were verified with a real identity. And, “despite targeting E.U. audiences, 28 of the top 100 accounts were based in Russia and 19 in China, while only six were based in the E.U. or the U.K.,” ORL said in a data pack it prepared for Fortune. Of the remainder, 34 were U.S.-based, and the others were from Bangladesh, Canada, and Ghana.
Meta has struggled to prevent fraudulent advertising activity on its platforms in the past, especially as it relates to China. Last year, Reuters reported, 19% of Meta’s entire revenue from China—about $3 billion—came from ads for scams or other banned content. The company initially investigated the problem and cracked down on it but later inexplicably reversed course and abandoned its efforts against Chinese scams, Reuters reported.
“Lazy, not sketchy”
“If they [Temu] think this is a way to get slightly cheaper/more performant ads, they might be doing this intentionally to game the delivery system,” said Rob Leathern, a former senior director of product management at Facebook until 2020. He is now the founder and CEO of InfoHawk, a company that protects users from scams and deception.
Luke Stillman, managing director of Madison & Wall, a technology and media consultancy, told Fortune that Chinese marketers often behave very differently online than European or U.S. ones. “It also wouldn’t be surprising for Temu to allocate a meaningful share of its Meta budget this way given how differently social commerce and the creator economy have developed in China versus Europe. In Europe and North America, this type of model is still relatively unusual. In China, social commerce accounts for a much larger share of activity, and creator partnerships and live social streams are much more integrated into how products are marketed and sold,” he said.
He thinks Temu might be being “lazy, not sketchy.”
“On one hand, I suspect there is a better form of an ad campaign that would result in higher [return on ad spend] compared to creating a huge volume of AI-generated creator content to feed through the partnership system,” he said. “On the other hand, dynamic content creation, creators augmented with AI production processes, and performance-optimization algorithms are only going to become more prevalent across the industry, and this seems to fit squarely into that bucket.”