TOPIC

/ company

Shein

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.

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

1 Oct 2024 - 12:10PMvideocam

Italy opens greenwashing probe into Shein website

26 Sep 2024 - 11:00AM

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

26 Sep 2024 - 12:07AM

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.

23 Sep 2024 - 6:30PM

A J&T delivery van is seen in Cairo, Egypt. Photo: Handout

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.

13 Sep 2024 - 8:25PM

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.

22 Aug 2024 - 1:53PM

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.

10 Aug 2024 - 4:55PM

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.

31 Jul 2024 - 8:31PM

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.

25 Jul 2024 - 12:25PM

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.

24 Jul 2024 - 10:00AM

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.

23 Jul 2024 - 11:00PMvideocam

PDD Holdings-owned online marketplace Temu initially went live in the United States in September 2022. Photo: Shutterstock

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.

19 Jul 2024 - 9:00PM

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.

9 Jul 2024 - 8:06PM

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.

6 Jul 2024 - 12:00PM

Shein is one of the world’s fastest-growing online shopping platforms. Illustration: Henry Wong

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.

4 Jul 2024 - 10:50AM

The EU is considering closing off a duty exemption that has enabled a surge in small-value imports from Chinese e-commerce platforms. Photo: AFP

Amazon woos Chinese suppliers for new discount-shopping plan

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

30 Jun 2024 - 7:00AM

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.

27 Jun 2024 - 9:30PM

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.

28 Jun 2024 - 5:19PMvideocam

A man inspects trucks before they enter an Amazon storage facility on the outskirts of Mumbai, India, in October 2021. Photo: Reuters

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.

25 Jun 2024 - 10:07AM

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.

21 Jun 2024 - 9:08PMvideocam

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.

17 Jun 2024 - 8:08PM

Venture capitalist Neil Shen Nanpeng speaks at the Chinese People’s Political Consultative Conference in Beijing on March 7, 2022. Photo: Xinhua

As Shein chases IPO, its Chinese founder stays under cloak of secrecy

Even by the standards of Chinese tech business leaders, the lack of public information about Xu Yangtian is unusual.

20 Jun 2024 - 10:45AM

Shein’s office building in the suburbs of Guangzhou, capital of China’s southern Guangdong province. Photo: Iris Deng

Timing is everything: why Shein is looking at a London IPO

The novelty of a Chinese internet company floating its shares in the UK could make Shein a trailblazer for other mainland tech firms.

6 Jun 2024 - 9:00AM

Tencent moves into Singapore tower to bring together more staff in city state

Employees of the video gaming and social media conglomerate have moved into CapitaSky, a 29-story office tower in Singapore’s central business district.

5 Jun 2024 - 3:53PM

Shein, fast-fashion giant founded in China, said to be filing London IPO

The company, which runs a large sourcing centre in southern China, reportedly will file a confidential prospectus in the coming days.

4 Jun 2024 - 8:21PM

A Shein pop-up store in Ottawa, Canada. Photo: Reuters

Alibaba said to invest in South Korean women’s clothing app operator Ably

AliExpress, the international online retail platform of Alibaba, has been in talks to invest US$72.4 million to acquire a 5 per cent stake in Ably Corp.

23 Apr 2024 - 9:01PM

Ably Corp operates the top women’s shopping app in South Korea. Photo: Handout

Zando launches international unit to counter Shein and Temu in South Africa

Zando Global was launched on Thursday in the hopes of taking on the fast-fashion Chinese e-commerce retailers at home.

19 Apr 2024 - 1:26AM

Help preserve 120 years of quality journalism.

SUPPORT NOW

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