Shein loses copyright lawsuit against rival Temu in key e-commerce ruling

Shein had accused Temu of breaching its copyright 'on an industrial scale'.

Online fast-fashion platform Shein lost its London lawsuit against rival Temu over alleged copyright infringement, in a ruling that could be beneficial for online marketplaces hosting third-party sellers.

The ruling, which comes as Shein aims for a more than $30 billion valuation in a Hong Kong initial public offering, concerns the first round of the companies' London legal battle. Temu's counterclaim that Shein broke competition law by tying suppliers to exclusive agreements is due to go to trial next year.