‘Made in China, sold on Amazon’ troubles continue as US$314 million sale of online merchant Patozon drags on

Source: China – South China Morning PostThe former owner of Patozon, one of the biggest “made in China, sold on Amazon” merchants, has slapped online fast fashion retailer Shein and another firm with a lawsuit for non-payment of the stakes in that business they had agreed to buy.Global Top E-commerce announced the legal action in a filing to the Shenzhen Stock Exchange on Wednesday, indicating that the company has not yet received 53 million yuan (US$8.3 million) in overdue payment from Shein and Xiamen Yiwei Yihang Investment…Read More

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