14 Hrs
Source:
اقتصاد سكاي نيوز عربية
Source: اقتصاد سكاي نيوز عربية
14 Hrsاقتصاد سكاي نيوز عربية
Source: اقتصاد سكاي نيوز عربية
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Chinese e-commerce company Shein reported a loss of $99 million during the first quarter of this year, compared to a profit of $395 million in the same period last year, ahead of its upcoming debut on the Hong Kong Stock Exchange. Despite this, overall sales grew by 1.1% year-over-year to reach $9.05 billion. The company also noted that there are risks threatening its future profitability, including international tensions that impact trade policies, along with changes in governmental regulations—such as the United States eliminating the Customs duty exemption for small parcel shipments and the European Union imposing new rules on low-value parcels.
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