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HomeLifestyle NewsShein Posts $99 Million Quarterly Loss Ahead of IPO

Shein Posts $99 Million Quarterly Loss Ahead of IPO

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Shein swung to a $99 million quarterly loss due to slowing sales ​after the U.S. removed an import duty exemption on small packages and a hefty one-time accounting charge, the online retailer’s pre-IPO financial filings showed on Sunday.

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