TOPIC

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Shein

Shein is an online retailer focused on fast fashion and low-price shopping. The company is considered one of the most valuable start-ups in the world, with the Shein app cited as the most downloaded shopping app in 2022 and 2023. Shein has drawn scrutiny over allegations that it uses forced labour for cotton sourced from the Xinjiang region.

Chairman / President

Chris Xu

CEO / Managing Director

Chris Xu

Industry

E-commerce, Fashion Retail

Website

shein.com

Headquarters address

Road One, Maqun Science Park, Qixia District, Nanjing, Jiangsu, China

Year founded

2008

last updated:

30 September, 2024

Shein

No Black Friday windfall for Chinese online shops selling overseas

Cut-to-the-bone pricing is eating into the profit margins of Chinese merchants selling online to global shoppers.

Temu, Shein halt Vietnam operations pending business registration

Temu, Shein branch deeper into selling toys during holiday shopping season

Amazon invites Chinese sellers to new bargain marketplace Haul

The US e-commerce giant is aggressively promoting its new budget-shopping platform this holiday season to take on Temu and Shein.

UK lawmakers could question Shein over workers’ rights early next year

Ahead of a possible London listing, UK trade committee will also look at how to ensure protection against poor labour standards overseas.

Shein touted as model unicorn in China’s ‘new quality productive force’ push

Shein, which sells budget clothing to a global customer base, was praised by state media for its contribution to industry upgrading.

Mexico weighs whether to impose tariffs on Chinese e-commerce imports

Plan reportedly targets platforms including Temu, Shein, AliExpress and Alibaba to help cut budget deficit and shield domestic industries.

D-Day looms for China’s exporters as EU moves towards EV tariffs vote

Chinese car companies’ offers to set minimum prices for their imports run up against toughening resolve led by France and others.

Italy opens greenwashing probe into Shein website

Italy’s antitrust agency has launched a probe into a company that operates Shein’s website over possibly misleading environmental claims.

Shein makes rare job cuts in Singapore as London IPO remains in limbo

The fast-fashion retailer is laying off more than 20 people in a restructuring of its IT R&D centre.

Courier J&T chases shoppers pining for made-in-China goods

After expanding from Southeast Asia to China, the logistics firm has set its sights on the Middle East and South America.

Chinese firms in mobility, hardware are big draw for venture funds, report shows

125 Chinese firms with overseas operations received funding across 156 deals during the period between November 2023 and August this year.

Shein gets green light for US$514-million supply chain hub project in Guangzhou

Local authorities have granted 25 construction approvals for the project’s initial phase, covering a development area of at least 800,000 square metres.

TikTok, Amazon collaborate on online shopping amid rivalry with Shein, Temu

TikTok users will see Amazon product recommendations on the app’s ‘For You’ feed.

Alibaba to deploy AI-powered sourcing engine to boost trade for global merchants

The AI-driven sourcing tool will be accessible to merchants from September via a mobile app and the website of business-to-business e-commerce platform Alibaba.com.

Shein to open pop-up store in South Africa to woo more shoppers

Fast-fashion giant Shein will open a pop-up store in Johannesburg, South Africa in August as the online retailer aims to expand its brand recognition in the country.

Alibaba bets on Taobao, Tmall clothing retailers to go up against Shein, Temu

Alibaba’s latest initiative ratchets up its efforts to compete overseas against Shein, Temu and ByteDance-owned TikTok Shop.

PDD-owned Temu’s first-half sales hit US$20 billion, beating 2023 total: report

Temu reached the US$20-billion milestone in gross merchandise value faster than its Chinese-backed rivals Shein and TikTok Shop.

High-tariff push roils Shein, Temu operations in South Africa, EU, other markets

Low-cost goods shipped from mainland China could potentially be subjected to higher tariffs and scrutiny in other countries, following South Africa’s latest initiative.

Alibaba bets on generative AI tools to help cross-border merchants, executive says

That AI initiative augurs well for Alibaba International Digital Commerce Group, which now has 300 million consumers annually and more than one million merchants around the world.

In China’s Guangzhou, a web of factories gives rise to Shein

An extensive army of manufacturers, managed through a complex digital system, has fed Shein’s meteoric growth.

EU reconsiders duty exemption for cheap goods that helps Shein, Temu

The effort adds to the growing momentum of protectionism against Chinese companies as its cheaper goods threaten local producers.

Amazon woos Chinese suppliers for new discount-shopping plan

Amazon has invited select mainland Chinese merchants to join its new discount-shopping marketplace.

How can Shein remain at the top its game? Experts at Bain and Kantar offer tips

‘An agile supply chain and connected-commerce capabilities are needed to sustain its success in an ever changing marketplace,’ Bain partner Derek Deng says.

Amazon to offer direct US shipping from China amid rise of Shein, Temu

A planned discount section will feature cheap items such as unbranded fashion and home goods, according to slides shown to Chinese sellers.

Shein filed for London IPO in early June, sources say

The company has also updated China’s securities regulator officially about its change of listing venue, the sources say.

Exclusive | Shein investors said to grow jittery with London IPO plan in limbo

Plans for a quick blockbuster public listing by Shein are facing a host of uncertainties, according to people familiar with the matter.

China’s venture capital ‘godfather’ Neil Shen exits Meituan board

Shen’s departure comes after venture capital firm HongShan had been gradually cutting its stake in Meituan since China’s food delivery services giant debuted in Hong Kong in 2018.