Shein weighs US restructuring as tariff risks cloud London IPO: ReportThe US business, which generates roughly one-third of Shein's $38 billion annual revenue, is expected to face significant pressure as a tax...
30 Apr, 2025, 05.49 PM IST
Zomato is finally Eternal; TCS rolls out variable payZomato will now be officially called Eternal. This and more in today’s ETtech Top 5.
06 Feb, 2025, 08.46 PM IST
Tax clarity for funds; GCCs' budget boostHappy Monday! Saturday’s budget clarifies asset sales tax for domestic investors, potentially reducing litigation. This and more in today’s...
03 Feb, 2025, 07.31 AM IST
Ambani is drawing on China-linked co's help in his battle with TataMukesh Ambani, aiming to dominate India's fast-fashion market, faced challenges from Tata Group's Trent Ltd. Despite substantial investment...
20 Aug, 2024, 09.55 AM 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
Familiar names throw their hats in 2024 IPO market revival ringThough bankers remain broadly upbeat about 2024, even they admit that after months of headfakes failed to sustain activity, a true return t...
17 Dec, 2023, 12.51 PM 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
ETtech Unwrapped: Gig workers versus Blinkit, and other top stories this weekEven for Blinkit, the change in payout structure was the straw that broke the camel’s back with delivery executives telling us that they ha...
19 Apr, 2023, 08.22 AM IST
UAE spy chief’s firm buys into ByteDance at $220-billion valueG42, controlled by United Arab Emirates royal Sheikh Tahnoon bin Zayed Al Nahyan, acquired a $100 million-plus stake from existing investor...
15 Mar, 2023, 09.30 AM 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