Rapid growth of Temu and Shein threatens US businesses and consumers, Biden says.
Amazon plans to launch a new store that will allow U.S.-based shoppers to buy low-cost, unbranded items delivered directly from China, according to new reports from CNBC and The Information. The plan is widely seen as an attempt to compete with China-b…
Ultra-fast fashion ecommerce giant Shein will be subject to an additional layer of governance rules targeted at very large online platforms (VLOPs) under the European Union’s Digital Services Act (DSA), the Commission announced Friday. Shein had …
A customer is using TikTok to force Shein and FedEx to explain how they allowed a glass vial of human blood and a can of Goya beans to be inserted into her online order.Read more…
There may be bad news if you purchased one of Amazon’s “Overall Picks” for video doorbells in recent months. New tests from Consumer Reports find that popular doorbell cameras sold under names including Eken and Tuck are rife with security flaws that m…
Besides making allegations of abusing legal systems and agressive contracts, Temu’s lawsuit makes Shein’s business practices look like they’re from a mobster movie. © 2023 TechCrunch. All rights reserved. For personal use only.
Singapore-based fast fashion platform Shein has confidentially planned to go public in the United States, according to multiple media reports. The Wall Street Journal broke the news earlier on Monday. Shein raised $2 billion at a $66 billion valuation …
Shein has seen big swings in its price tag over the last year. The Singapore-headquartered fast fashion platform is targeting a valuation of up to $90 billion in a potential U.S. initial public offering, Bloomberg reported on Tuesday. That price tag is…
Shein, the fast fashion giant that has thrived on its nimble supply chain in China, is expanding its product range by scooping up competitors. In a statement released on Monday, the Singapore-headquartered firm announced its acquisition of Missguided, …
Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday show covers the latest in tech news from the weekend and what’s making headlines early in the week. Here’s the rundown from this morning! Stocks are up around the world today,…
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