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Temu and Shein Might Just Be Screwed
Temu’s last quarter may plausibly be its worst, in tariff terms — the Trump administration has already de-escalated somewhat ...
PDD Holdings, the Chinese parent of popular bargain online seller Temu, said its profit dropped nearly 50% in the first ...
Jumia, Africa’s biggest online retailer, is ramping up the number of China-based merchants on its platforms as it struggles ...
First it was New York, then London, but reports this morning suggest that Hong Kong might be where the Shein IPO finally ...
Shein is working towards a listing in Hong Kong after the online fast-fashion retailer's proposed initial public offering ...
Temu’s Q1 net profit fell by 47% to $2.46 billion, and the platform had the slowest revenue growth since Q1 2022.
Its proposed listing in London failed to secure green light from Chinese regulators, sources said. Read more at ...
With the baseline tariff set at 10 per cent for most nations and a steep 30 per cent levy on Chinese imports, the added cost ...
After regulators failed to approve Shein's proposed IPO in London, sources say the fast-fashion giant is moving its ambitions to Hong Kong.
Chinese e-commerce giant PDD Holdings saw net profit almost halve in the first three months of the year as the Temu owner ...
Shein’s about-face would be a blow to London’s moribund IPO market as the city faces mounting competition from other ...