Dec 30, 2020 07:07 PM (GMT+8) · EqualOcean
In December, fast fashion cross-border e-commerce company Shein disclosed its business performance in 2020, with revenue close to US $10 billion (about RMB 65.3 billion), which is also the eighth consecutive year of revenue growth of more than 100%. According to an employee of Shein, in the middle of this year, the senior management said internally that they would achieve 100 billion yuan in sales, but in the end, they only doubled the revenue of 30 billion yuan last year.