Amazon's plan to tackle Temu, Shein? Sell more toothpastePeople are shopping more frequently at Amazon, adding more low-priced items with each checkout, Amazon said on Thursday, after it reported ...
01 Nov, 2024, 07.16 PM IST
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...
09 Jul, 2024, 08.58 PM IST
Shein steps up London IPO preparations amid US hurdles to listingShein pivots to a London IPO from New York, facing U.S. regulatory challenges. The online retailer, valued at $66 billion, navigates hurdle...
13 May, 2024, 08.55 AM IST
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 ...
26 Jan, 2024, 12.12 AM IST
China's Shein files for US IPO in major test for investor appetite: ReportGoldman Sachs, JPMorgan Chase and Morgan Stanley have been hired as lead underwriters on the initial public offering (IPO), and Singapore-b...
28 Nov, 2023, 10.28 PM IST
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 ...
07 Nov, 2023, 09.47 AM IST
Fast-fashion giant Shein plans Mexico factoryShein was founded in China and manufactures most of its products there, but is seeking to diversify. The company sells $10 dresses and $5 t...
24 May, 2023, 10.55 PM IST
Reliance Retail is set to bring Chinese fashion giant Shein to IndiaThe Centre had banned Shein, one of the world’s largest fashion retailers, from selling its products in India through its own app over two ...
19 May, 2023, 08.48 AM IST
Reliance set to bring back Shein to IndiaShein, which created a niche for new styles and accessible price points, was banned by the Home Ministry in year 2020 as part of India’s cr...
19 May, 2023, 06.00 AM IST
Fashion giant Shein raises $2 billion but lowers valuation by a thirdOnline fashion giant Shein raised $2 billion in its latest fundraising round that values the company at $66 billion, about a third less tha...
17 May, 2023, 03.05 PM IST
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.
15 Apr, 2023, 05.48 PM IST
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...
15 Apr, 2023, 11.35 AM IST
China's Shein set to raise $2 billion, eyes US IPO later this yearSHEIN cut its valuation to $64 billion in this fundraising, down by a third from a funding round a year ago, according to six sources with ...
09 Mar, 2023, 09.02 AM IST
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...
31 Jan, 2023, 11.15 PM IST
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 ...
25 Jul, 2022, 03.31 PM IST
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...
03 Apr, 2022, 02.38 PM IST
Chinese fashion retailer Shein revives plan for New York listing in 2022The initial public offering, if finalised, would be the first major equity deal by a Chinese company in the United States since regulators ...
25 Jan, 2022, 02.11 PM IST