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  • Shein Faces Challenges In IPO Plans Amid Regulatory Scrutiny And Slowing Growth; H1 Revenue Rises 23% To $18B, Down From 40% Growth Last Year, While Profit Drops Over 70% To Below $400M Due To Increased Competition From Temu

Shein Faces Challenges In IPO Plans Amid Regulatory Scrutiny And Slowing Growth; H1 Revenue Rises 23% To $18B, Down From 40% Growth Last Year, While Profit Drops Over 70% To Below $400M Due To Increased Competition From Temu

Benzinga ·  Oct 23 01:28
Shein Faces Challenges In IPO Plans Amid Regulatory Scrutiny And Slowing Growth; H1 Revenue Rises 23% To $18B, Down From 40% Growth Last Year, While Profit Drops Over 70% To Below $400M Due To Increased Competition From Temu
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