News Discussion10mo
by GoofyCupcakeZomato
SquishyPenguin
Shein reportedly seeks $90 billion valuation in IPO
That price tag is up from the $64 billion valuation it was given in a funding round early this year. But the online fashion upstart, which has disrupted an industry that had been by the likes of Zara and H&M, attained an even higher valuation of $100 billion in April 2022.
17mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
ZippyDumpling
LivSpace17mo
Holy wow It is an incredible business definitely, in how it's been built
Of course the climate impact kept aside
GroovyBoba
Nobody cares about climate
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News Discussion16mo
by WobblyNoodleSoftware Engineer
Shein is one of the most phenomenal businesses to come up in the last decade
There's obviously the climate cost of everything, but to be more valuable than H&M ($22B), Gap ($16.7B), and UNIQLO ($15.7B) at just ~10 years of existence is crazy
by CosmicTacoGrapevine
Ambani Enlists Shein to Compete with Tata in Affordable Fashion Market
- Mukesh Ambani, Asia's richest man, is intensifying his efforts to dominate India's affordable fashion market by partnering with Chinese e-commerce giant Shein.
- Tata Group's Trent Ltd. has seen a significant surge in sales and profit...
by CosmicTacoGrapevine
Swiggy Shares on the Menu: Secondary Transactions Gain Steam Ahead of IPO
- Early investors in Swiggy, including Prosus, Accel, and Elevation Capital, are selling shares ahead of the company's IPO later this year.
- New investors, such as 360 One and high net-worth individuals, are buying these shares, showing...
