According to the report, Shein’s 2024 profit sank nearly 40% to $1B, pressured by a poor final three months and competition from Temu (PDD), the sources said. The people reportedly said sales ...

Net profit was down almost 40% at $1 billion in 2024, the report said, citing two people with knowledge of the matter. Shein’s net profit was down almost 40% at $1 billion in 2024, the Financial ...

STORY: Shein is under pressure to cut its valuation to less than half the price put on it two years ago ahead of its potential London listing. That's according to a Bloomberg News report Monday ...

Online fast-fashion retailer Shein is under pressure to cut its valuation to about $30 billion ahead of its London listing, Bloomberg News reported on Monday, citing people familiar with the matter.

Amazon plans to expand its discount storefront that competes with ultra-cheap Chinese e-commerce companies like Temu and Shein ... Haul remains in beta for U.S. users, but Amazon has continued ...

Net profit was down almost 40% at $1 billion in 2024, the report said, citing two people with knowledge of the matter. Sign up here. Shein's sales for the full year rose by 19% to $38 billion ...

Net profit was down almost 40 per cent at US$1 billion in 2024, the report said, citing two people with knowledge of the matter. Shein’s sales for the full year rose by 19 per cent to US$38 billion, ...