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SHEIN LOSS REPORT
Shein will struggle to justify $40-50 billion Hong Kong IPO valuationRevenue rose 8% to $41.8 billion in 2025, but net income fell 39% to $2.06 billion. In the first quarter of this year, the fast fashion r...- Global Market: Shein slips to quarterly loss as US tariff changes weigh on sales ahead of Hong Kong IPOFast-fashion giant Shein reported a $99 million loss in Q1 2026, hit by slowing sales after the US ended duty exemptions for low-value impo...
- Shein flags tariff hits after posting quarterly loss ahead of Hong Kong IPOThe retailer won approval from the China Securities Regulatory Commission for its Hong Kong listing on July 10, clearing the way for a li...
- Fast fashion is about to get caught up in HormuzAs with the toilet-paper frenzy at the start of the Covid-19 pandemic, and drivers pre-emptively filling their tanks on reports of the US-I...
- After TikTok deal, Chinese companies search for a new global pathThe outcome of a fractured TikTok underscores the difficult choice facing Chinese technology companies with global aspirations. In the Unit...
- SoftBank-backed Meesho set to seek up to $605 million via IPOIndian e-commerce firm Meesho, known for its low-priced offerings, is set to raise $606 million through an IPO to expand into smaller towns...
- Quick commerce now accounts for 20% of ecommerce sector in India: Walmart International CEOKathryn McLay says Walmart is excited about Flipkart’s growth but is not so focused on profitability in such a way that we would trade off ...
- Myntra receives Rs 1,063 crore cash infusion from Singapore-based parent entityMyntra secured Rs 1,062.5 crore ($124 million) funding from parent FK Myntra Holdings amid its expansion to Singapore. The firm launched My...
- 5 world market themes for the week aheadGlobal markets are bracing for a week of key events. The G7 meeting in Canada will address trade tensions. China's economy is showing posit...
- Snap shares slump 15% as scrapped forecast stokes ad slowdown fears before Meta earningsSnap shares plummeted after the company cautioned about a slowdown in ad spending, fueled by tariff-related economic uncertainties. Chinese...
- The Deepinder Goyal interview; Trump boosts Indian cryptoHappy Tuesday! In an exclusive interview with ETtech, Zomato’s CEO Deepinder Goyal spoke about the challenges of food delivery, cash burn i...
- Swiggy shares drop another 6%, investors lost Rs 40,250 crore this yearSwiggy's stock dropped 6%, reaching a 52-week low of Rs 359 following weaker-than-expected Q3 earnings, with net losses widening to Rs 799 ...
- Trent may be losing favour with investorsTrent shares tumbled 8.3% on Thursday after its third quarter results, but regained some of the losses on Friday, rising 3.1% to close at ₹...
- Myntra secures $81 million fund infusion from parent FlipkartRegulatory filings in Singapore reveal that Myntra's parent company, FK Myntra Holdings Pvt Ltd, received the investment in November, marki...
- From Kamala to Shein, a list of mispronounced words provides a retrospective of 2024A list of words that most news anchors, politicians and other public figures in the US struggled with the most this year was released today...
- Shein backers offer to sell at 30% discount as IPO prospects dimShein investors are trying to sell shares in private market deals that value the online fashion giant at as low as $45 billion, reflecting ...
- Locally made Pixel and more from Google India; importers may need certification for IT hardwareAfter years floundering in India’s booming smartphone market with an almost non-existent presence, Google is trying to rewrite the script. ...
- European shares slide as firm yields weigh, China woes persistCarmat's shares slumped 36.4% after the French artificial heart maker said on Monday it would miss its full-year sales target amid supply i...
- Expect e-commerce to grow between 15-20% year-on-year: Delhivery CEOET reported on May 11 that growth in shopping across ecommerce platforms had been slower than anticipated, citing industry executives, mult...
- PhonePe bags another $100M from General Atlantic; TCS snags Rs 15,000 crore BSNL advance orderWalmart-backed digital payments major PhonePe on Monday announced that it has raised $100 million in funding from General Atlantic, confirm...
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