Wednesday, February 12, 2025

Analysis of credit and debit card data: Shein's US sales fell 16% to 41% for five days from February 5 and Temu fell up to 32% after Trump targets China trade (Bloomberg)

Bloomberg:
Analysis of credit and debit card data: Shein's US sales fell 16% to 41% for five days from February 5 and Temu fell up to 32% after Trump targets China trade  —  Online shopping giants Temu and Shein have seen a sustained drop in sales in the week after US President Donald Trump scrapped …



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Shanghai's tech-focused Star 50 index is up 29% in 2026, and its P/E ratio is 150+, above Nasdaq 100's 35, fueled by Beijing's tech push and an investor frenzy (William Sandlund/Financial Times)

William Sandlund / Financial Times : Shanghai's tech-focused Star 50 index is up 29% in 2026, and its P/E ratio is 150+, above Nasdaq...