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6 hours ago

Shein Swings to Loss After End of De Minimis

Shein Swings to Loss After End of De Minimis

E-commerce giant Shein reported a quarterly loss of $99 million for the first three months of the year, compared to revenue of $395 million for the same period a year earlier. BBC News says the swing from profit to loss is a reflection of slowing... Read more.

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