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Temu adds "import charges" of between 130% and 150% "due to recent changes in global trade rules and tariffs"; Shein also hikes prices but without explicit fees (CNBC)

CNBC : Temu adds “import charges” of between 130% and 150% “due to recent changes in global trade rules and tariffs”; Shein also hikes pr...

24 January 2025

HSBC shuts Zing after launching the payments app in Jan. 2024 to compete with Revolut and Wise, marking the latest failed fintech venture by a traditional bank (Akila Quinio/Financial Times)

Akila Quinio / Financial Times:
HSBC shuts Zing after launching the payments app in Jan. 2024 to compete with Revolut and Wise, marking the latest failed fintech venture by a traditional bank  —  Closure marks latest failed fintech effort by traditional bank  —  HSBC is shutting its payments app Zing just a year …

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