Rajiv MenonE-Tailing
Shein Shares Drop 8 per Cent in Hong Kong Debut
The online fast-fashion giant traded at HK$44.60 on its first morning, putting its market valuation at US$24 billion after US and European tariff crackdowns erased profits.
Tag
pdd holdings
Every story tagged pdd holdings on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged pdd holdings
2 stories in this topic
Rajiv MenonGeneral
PDD Profit Falls 12% as Price Wars and Overseas Tariffs Bite
Revenue rose 8 per cent to 112.36 billion yuan for the quarter ended June 30, missing consensus estimates as margins tightened across China and Western markets.