Shein

“So Sheen manufactures their products in China, and then instead of sending a single shipping container that would have a value far higher than 800 dollars, they send the individual packages from China direct to consumers.”

“The two companies combined, it's estimated spent just under three billion dollars a year to date. Meta's revenue is up around eleven billion year over year. And so the growth of Timu and Sheen, certainly they're spending more, they're driving a lot of growth, …”

“The reason that the de minimis loophole exists, it was not, this is not something that Sheen and Timu lobbied for, and then, oh, they got lucky and they knew that this was going to be a thing.”

“And so this quarter did turn out to be the peak of Timu and Sheen's share of Meta advertising around Under seven percent on Facebook and just under four percent on Instagram, and they're down to around four percent and two percent respectively now.”