Monday, July 1, 2019

Shein loses sheen amid customs crackdown

Earlier this month, Mumbai Customs seized about 500 parcels of Sino India Etail, the official Indian seller for Chinese apparel and lifestyle etailer Shein. https://ift.tt/2XCoR2V https://ift.tt/eA8V8J

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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...