The 1H24 revenue growth of Chinese fast fashion apparel online shopping platform, SHEIN, slowed to 23% from 40% last year, while earnings performance dropped more than 70%, with the actual figure likely to be slightly less than US$400 million, foreign media quoted sources as saying.SHEIN's business recorded a significant decline, probably driven in large part by intensified competition from PDD Holdings Inc. (PDD.US) 's e-commerce shopping platform, Temu, according to the report.Related NewsS&P Global Services PMI Flash in United States for Oct is 53.3, Below ForecastIt is reported that the company was valued at US$66 billion in 2023 fundraising round, and held an informal investor meeting this month to prepare for its London IPO.(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)