SG

Shein Second-Quarter Profit Falls 67% on Higher Costs and EU Fees

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Fast-fashion Shein reported an adjusted net profit of $228 million for the second quarter ending June, representing a 67% decline year-over-year. Profit falls as EU parcel fees impact sales Profit … Read More

Shopee Launches New Service in Brazil After Testing Phase

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Ecommerce platform Shopee, owned by Sea Limited, has launched a rapid delivery service in Brazil guaranteeing fulfillment within four hours, marking the company’s strategic debut in the competitive fresh food … Read More