SHEIN produces clothing in China to sell online in the United States, Europe and Asia, offering items such as $10 dresses and $5 tops. SHEIN, originally founded in China, relies on drop-shipping ...

Shares of Chinese e-commerce giant PDD Holdings (PDD) are trading higher today despite news that unsafe items for kids can be found on its Temu and Shein websites, according to The Information.

SHEIN is set to raise around $2 billion in a new funding round this month and is aiming for a U.S. listing in the second half of this year, three people with knowledge of its plans told Reuters.