Wednesday, January 3, 2024

A look at Shein and Temu's Chinese supply chain: the platforms offer a lifeline to suppliers, but margins are razor-thin, prices must stay low, and unsold stock (Wall Street Journal)

Wall Street Journal:
A look at Shein and Temu's Chinese supply chain: the platforms offer a lifeline to suppliers, but margins are razor-thin, prices must stay low, and unsold stock  —  Shopping apps throw a lifeline to Chinese exporters, but it is a trade-off  —  SHENZHEN, China—E-commerce sellers Shein …



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Airbnb launches a pilot in NYC, LA, and other cities that lets users to select from a range of boutique hotels alongside private homes in a bid to boost growth (Stephanie Stacey/Financial Times)

Stephanie Stacey / Financial Times : Airbnb launches a pilot in NYC, LA, and other cities that lets users to select from a range of bouti...