A London-based social e-commerce platform for used and vintage clothing
Government ministers are actively considering extending the under-16s social media ban to online marketplaces such as eBay, Vinted and Facebook Marketplace. The move aims to curb grooming risks by limiting messaging and interaction features for younger users. The policy, due for details before Christmas, could come into force next spring.
Shein's Hong Kong listing is priced lower than hoped, valuing the company around $26.3 billion. Trading began shakily, with early losses narrowing as markets digest regulatory twists, tax changes, and weak consumer sentiment that have weighed on the fast-fashion group after a rapid ascent.