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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SpaceX launches Starlink in Indonesia to improve internet access in remote parts of the country, starting with three local health centers (Stefanno Sulaiman/Reuters)

Stefanno Sulaiman / Reuters : SpaceX launches Starlink in Indonesia to improve internet access in remote parts of the country, starting w...