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FASHION STARTUP SHEIN
STCH bets on AI to fix trial-and-error in fabric R&D, raises $5.5 million from Omnivore, Kae CapitalSTCH is revolutionizing fabric development with AI. The company helps fashion brands design and source materials efficiently. This platform...- Even before TikTok's troubles, Chinese companies were wary of WashingtonAccording to investors and experts, companies with ties to China are now facing increased regulatory and political scrutiny, leading some t...
- Shein pledges to invest in UK and Europe ahead of potential IPOFast fashion retailer Shein said it would invest 250 million euros ($271 million) over five years in the UK and Europe as the company battl...
- Zomato stops ‘Xtreme’ service; Reliance to bring back SheinZomato has halted its hyperlocal goods delivery service due to a lack of demand.
- 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 ...
- Shein targets up to $90 billion valuation in US IPOIn private trades, Shein’s valuation has dropped below the $66 billion it got in a funding round in May, the people said. Stakes that have ...
- 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...
- Why the big Indian ecommerce battle rages despite no profits in sightOver the past decade many venture-backed ecommerce startups have raised capital only to subsequently shut down, from Letsbuy and Urbantouch...
- US hits at Chinese 'fast fashion' apps that outpace Zara, H&MThe US government has accused Chinese-backed 'fast fashion' digital platforms Shein and Temu for data and other business practices risks, a...
- Don't miss these ETtech exclusives from this weekHere’s a list of our scoops, exclusives and news that matters from across the startup and technology sector.
- Building India's Shein: why investors are backing a new wave of fashion ecommerce startupsThe big action is taking place in the online fast-fashion space, with companies looking to build an ecosystem in India from scratch. The ne...
- Wary VCs step up diligence; new-age ecommerce firms get investor attentionAmid the overall decline in venture capital funding, investors are taking more time to scrutinise startup business models before closing de...
- Zyod raises $3.5 million in funding round led by Lightspeed Venture PartnersZyod plans to use the funds to improve technology and hire more people. From adding more manufacturers and suppliers to introducing new fea...
- SoftBank ex-COO to lead Chinese phenom Shein’s Latam driveClaure, once a lieutenant to SoftBank founder Masayoshi Son, will lead the region’s operations, according to a statement Tuesday. The forme...
- Former Myntra CEO’s startup Virgio raises $37 million in fundingCatering to Gen Z and late millennial audience, fashion startup Virgio is building a fashion tech platform that will allow designers to acc...
- Zomato stock tanks 11% as lock-in expires; Honor pulls India teamOn Monday, Zomato’s shares plunged more than 11%, dragging its market cap below its last private valuation.
- Shein private bids imply $30 billion-valuation drop since April, sources sayAs part of its latest fundraising round earlier this year, Shein told existing investors that it hopes to have an IPO in the US as soon as ...
- Fashion startup Shein raising funds at $100 billion valueThe online retailer is in talks with potential investors to raise about $1 billion, the people said, asking not to be identified as the inf...
- Exclusive: Former Myntra CEO Amar Nagaram’s new venture in talks to raise funds at $100 million valuationFormer Myntra CEO Amar Nagaram's startup is in advanced talks with investors such as Falcon Edge and Accel Partners to raise its first roun...
- Flipkart’s 2GUD set to get a lifestyle & fashion makeoverThe etailer is doing this to compete with Paytm Mall, Snapdeal, Shein , Ali Express and others.
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