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Online retail continues to elude India’s richest man. The Shein India app, launched by Mukesh Ambani’s Reliance Retail in ...
There are just four days left before Chinese e-commerce sites Shein and Temu will raise prices due to recent tariff increases. Both companies issued recent notices announcing the price increases ...
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Bloomberg ranks Shein's founder as the 86th richest man in the world, with a net worth of $21.5 billion, based on the private company's scant filings. Bloomberg said a Shein spokesperson disputed ...
Online giant Shein had grown big in large part thanks to the so-called “de minimis” rule, which allowed them to ship low cost goods to the U.S. free of all duties. That loophole will now close ...
Temu, owned by China's PDD Holdings, and Shein, now headquartered in Singapore, issued nearly identical statements on their websites, pointing to "recent changes in global trade rules and tariffs ...