Online retailer Temu reopens lawsuit against Shein in US, says Shein engaged in "mafia-style intimidation" against suppliers。

Recently, according to data.According to ai, Temu has long maintained its leading position in the ranking of shopping applications in Japan and South Korea, and has surpassed Shein。

On November 7, according to media reports, fast fashion giant Shein is preparing to go to the U.S. for an IPO, seeking a valuation target of up to $90 billion; however, according to estimates of Shein's shares, which have recently changed hands in the secondary market, the company is valued at about $50 billion to $60 billion.。