Tracy Qu / Wall Street Journal:

Shein reports Q2 revenue up 0.9% YoY to $11B and net income down 66% to $228M, in its first report since a Hong Kong IPO; its stock is ~30% below its IPO price  —  The China-founded company expects the external environment to remain uncertain in the second half of 2026

Tracy Qu / Wall Street Journal:

Shein reports Q2 revenue up 0.9% YoY to $11B and net income down 66% to $228M, in its first report since a Hong Kong IPO; its stock is ~30% below its IPO price  —  The China-founded company expects the external environment to remain uncertain in the second half of 2026

Source: TechMeme
Source Link: https://www.techmeme.com/260929/p12#a260929p12