StartupsTechmemeabout 2 hours ago
Shein Q1 revenue $9.05B, swings to $99M loss
1 min read
Shein's IPO prospectus reports Q1 revenue of $9.05 billion, up 1% year-over-year. The company swung from a $395 million profit in Q1 2025 to a $99 million loss, partly due to the US removal of the de minimis rule.
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