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
How China's Shein became a fast-fashion giantShein uses an on-demand manufacturing system that allows it to quickly boost the production of popular items and drop products that do not ...
28 Nov, 2023, 09.25 AM IST
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...
28 Nov, 2023, 07.45 AM 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
US-based VC firm Thrive Capital to lead OpenAI’s share sale at $80-billion-plus valuation: reportThis is not the first instance where Thrive, founded by Josh Kushner, will be buying employees’ shares from OpenAI. In April, OpenAI sold s...
20 Oct, 2023, 01.26 PM IST
Chasm grows between Indian startups & internet body IAMAI; IT firms look to boost utilisation levels for better marginsIndian internet firms have given internet body IAMAI a thumbs-down, alleging that it has favoured Big Tech companies on multiple issues. Th...
02 May, 2023, 07.23 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
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
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
Asian unicorns are trading 40% cheaper in private marketsThe affected billion-dollar companies range from financial technology and e-commerce to mobility and consumer, according to AJ Patel, a sen...
02 Aug, 2022, 11.29 AM IST
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.
25 Jul, 2022, 07.07 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
Flipkart’s priorities in 2022; crypto firms seek tax clarityFlipkart will put diversification on hold and focus on key verticals like grocery, hyperlocal deliveries and value-focussed ecommerce this ...
04 Jan, 2022, 07.43 AM IST
Unnamed firm could be worth $100M; crypto predictions for 2022A company that's still at the idea stage—and doesn’t yet have a name—could soon be valued at $100 million. Is 2022 going to be even crazier...
03 Jan, 2022, 07.11 PM IST