Shein

Consumer

Political Pressure Mounts on Shein and Temu

Photo by Jetcityimage via iStock

Shein and Temu have been able to keep the costs on their platforms alarmingly low, but there’s been a hidden political cost racking up.

2 min read

Photo by DMCGN via CC BY 4.0

Consumer

Shein’s London IPO Overshadowed by Transatlantic Geopolitics

A Labour Party official said he’d like to see legislation that heavily impacts imports of Chinese textiles — a potential problem for Shein.

1 min read
Photo by Andrew Stickelman via Unsplash

Consumer

Amazon Sets up a Rival to Shein and Temu

Amazon’s setting up a discounted shop that will fly products to consumers from China. It’s meant to copy Shein and Temu’s business models.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Marcio Silva via iStock

Economics

Wall Street’s New Year’s Resolution: Launch More IPOs

No matter how you cast your ballot in the presidential election last month, recent history suggests your vote counts for IPOs.

6 min read
Photo by Daniel X. O’Neil via CC BY 2.0

Industries

Posh Soho House Gets Premium Buyout Offer as It Balances Prestige with Scaling Up

The offer would put an 83% premium on Soho’s Wednesday closing price and comes a year after it had to close off admissions in three cities.

2 min read
Photo via Oura

Technology

Smart Ring Maker Oura Doubles Valuation to $5.2 billion

One ring to rule them all… at least, Oura hopes so. On Thursday, it announced a new $200 million funding round.

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.