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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GM agrees to pay $12.75M to resolve a California investigation into claims that it illegally sold the location and driving data of OnStar subscribers to brokers (David Shepardson/Reuters)

David Shepardson / Reuters : GM agrees to pay $12.75M to resolve a California investigation into claims that it illegally sold the locati...