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Online retailer Shein is latest to face strict European Union digital regulations, ET Retail

The EUs Executive Commission said it formally classed Shein as a "very large online platform" under the 27-nation blocs Digital Services Act, an expansive rulebook designed to clean up online platforms and keep internet users safe. Shein is a low-cost online retailer that was founded in China but is now based in Singapore. It reaches customers mainly through its app. It didnt respond immediately to a request for comment.
Eu Executive Commission European Union Digital Services Digital Services Act Online Retailer Fast Fashion

MSMEs urged to explore innovative financing options

To bridge the financing gap, scale up growth and expand, micro and small medium enterprises (MSMEs) in Nigeria and other developing markets have been urged to explore technological advancements, platform-based alternative models and reverse factoring solutions
Michael Famoroti Medium Enterprises Development Agency Of Nigeria International Finance Corporation Medium Enterprises Development Agency Platform Enabled Alternative Supply Chain Finance Reverse Factoring

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