China’s Shein and Temu get more bad news as Washington cracks down on an e-commerce loophole
- Posted on September 16, 2024
- By Fortune
- 2 Views
China’s Shein and Temu get more bad news as Washington cracks down on an e-commerce loophole
Alibaba and smaller rival JD.com sagged about 2% in Hong Kong Monday, as investors parsed the potential fallout from U.S. plans to begin taxing packages worth less than $800.
