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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...- 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...
- China deepens review of Meta’s landmark $2 billion Manus buyoutChinese officials had begun looking into whether the December takeover of the agentic AI startup violated tech export or national security ...
- 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...
- The ET Startup Awards 2025: elite jury to pick winners on August 28Happy Tuesday! The ETtech team has been neck-deep preparing for the past few months to bring you the 11th edition of The Economic Times Sta...
- India’s supplements wild west; Payments firms’ SaaS playHappy Monday! As over-the-counter health supplements are increasingly available online, concerns arise about their efficacy and regulation....
- MCA probes BluSmart; More made-in-India AirPodsHappy Tuesday! The corporate affairs ministry will probe Gensol Engineering and BluSmart to check corporate governance lapses. This and mor...
- 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...
- 5 world market themes for the week aheadGlobal markets are set for a volatile period with key economic data and earnings reports on the horizon. Britain and the U.S. will release ...
- TikTok is facing legal backlash around the worldTikTok is increasingly facing global scrutiny due to concerns over its ties to China and its influence on politics, misinformation, and men...
- How TikTok saved its ecommerce business in IndonesiaIndonesia was a critical market and the first place where TikTok rolled out this feature. The app, owned by the Chinese tech giant ByteDanc...
- Indonesia asks Apple, Google to block China's Temu to protect small merchantsThe move was intended to pre-emptively protect the country's small and medium-sized businesses against cheap products being offered by PDD ...
- Amazon triples quarterly profit as cloud surgesEcommerce titan Amazon on Tuesday said profit in the first three months of 2024 tripled as its cloud, ads, and retail businesses thrived. "...
- China's fast-fashion retailer Shein files for US IPO - sourcesGoldman Sachs, JPMorgan Chase and Morgan Stanley have been hired as lead underwriters on the offering, and Shein could go public sometime i...
- Fast fashion report cards show what’s really in your clothesShein is the biggest user of polyester and its use of recycled polyester is less than 1%.
- Shein in talks with banks and exchanges about US IPOGoldman Sachs, Morgan Stanley and JPMorgan Chase are among the banks helping Shein with its IPO preparation, according to six of the source...
- FDI panel nod not needed for Shein-Reliance licensing pact: OfficialsUnder the agreement, Shein will license its technology and trademarks to be used by Reliance Retail and to also develop an indigenous e-com...
- 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.
- Top tech firms flag tokenisation worries; Lido Learning workers get final settlement offerThey are now – through an industry body – seeking the Reserve Bank of India’s (RBI) intervention to ensure hassle-free transactions once me...
- ED raids disrupts business, hurts environment for foreign investors: Chinese embassyThe ED on Tuesday had raided 44 locations of Chinese smartphone manufacturer Vivo and enterprises linked to it, as part of a PMLA (preventi...
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