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China's Temu may have spent as much as $962 millionon Meta ads in the UK and Europe, with 73 of its top 100 creators likely fakeTemu may have spent nearly one billion dollars on Meta ads promoting products. Research suggests many boosted accounts likely do not repres...- France targets Shein and Temu with fast fashion feesThe fees add to Shein's difficulties as the end of duty-free access for cheap ecommerce parcels in the European Union and the U.S. caused ...
- Behind Shein’s empire is founder Sky Xu who prefers the shadowsShein's founder, Sky Xu, appeared briefly at the Hong Kong stock exchange debut. He maintained a reclusive persona, unlike other company le...
- Global Market: Shein's weak listing draws analyst concerns over valuation and marginsShein shares fell 8% on their Hong Kong debut despite strong IPO demand, reflecting concerns over slowing growth, tariffs, trade restrictio...
- Fast-fashion giant Shein plunges 10% on Hong Kong debutIn its inaugural trading day in Hong Kong, fast-fashion retailer Shein experienced a ten percent drop in stock prices. The company successf...
- Global Markets: Fast-fashion giant Shein shrinks value to up to $27 billion in Hong Kong IPOShein is set to launch its Hong Kong IPO with an ambitious goal of raising up to $1.8 billion. However, the company's valuation has plummet...
- Shein loses UK copyright lawsuit against rival Temu over photos of clothingAt the start of the trial in May, Shein accused Temu of breaching its copyright "on an industrial scale", using its photos to advertise c...
- Shein's slowing growth tests investor appetite ahead of Hong Kong IPOShein’s upcoming IPO faces skepticism from investors due to a notable decline in growth rates. The fast-fashion giant is grappling with ris...
- Shein finds there's no place like China after Vietnam warehouse experiment disappointsU.S. exemptions for duties on small parcels from China that underpinned its business model looked as if they would be abolished, Donald Tru...
- New York City issues cease-and-desist notices to Amazon, Walmart, Target over illegal e-bikesNew York City has ordered forty-two online retailers to stop selling illegal e-bikes. These devices allegedly exceed speed and safety limit...
- ‘Love isn't something you feel. It's something you choose every day’: Man's heartfelt post after 20 years of marriage goes viralA Polish man's heartfelt post explores enduring marriage, lasting relationships and a love beyond shared interests. He reflects on over 20 ...
- US lawmakers urge Donald Trump to act against EU tech rules, suggest trade probesIn a letter, the lawmakers focused on the European Union's Digital Markets Act aimed at reining in the power of Amazon, Apple, Booking Hold...
- EU hits AliExpress with a record 550 million-euro fine over unsafe and counterfeit goodsThe European Commission has fined AliExpress 550 million euros for failing to stop unsafe products. This significant penalty is the largest...
- Fast fashion is about to get caught up in HormuzAs with the toilet-paper frenzy at the start of the Covid-19 pandemic, and drivers pre-emptively filling their tanks on reports of the US-I...
- Global Markets: Chinese fast fashion retailer Shein finally wins approval for Hong Kong IPOFast-fashion titan Shein has gained approval for its Hong Kong IPO after previous attempts were blocked. Although the company has faced str...
- Temu fined $232 million for breaching EU rules on sale of illegal productsFurther penalties could follow in the coming months as a result of a nearly two-year investigation under the Digital Services Act that req...
- EU says Temu in breach of rules to prevent sale of illegal productsThe European Commission has accused Temu of violating EU regulations by failing to adequately prevent the sale of illegal products on its p...
- Chinese ecommerce platform Temu drawing shoppers from US dollar storesAs of last month, Temu accounted for nearly 17% of the market share in the United States within the discount stores categories, according t...
- China fast-fashion retailer Temu blasts rival Shein over 'exclusionary tactics'Chinese e-retailer Temu said on Wednesday it has been the target of rival Shein's "unlawful exclusionary tactics" since Temu's U.S. launch ...
- Price war: Amazon excludes rival Temu from competitive price checksAmazon is excluding its new competitor Temu from its price searching algorithm that checks if products sold on its platform are competitive...
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