Shein is planning to raise up to $13.86 billion in Hong Kong dollars ($1.77 billion) in its initial public offering, according to a filing on Monday.
This is a short WorldPing brief. The full report was published by CNBC World.
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WorldPingOnline fast-fashion retailer Shein is to make its stock market debut targeting a valuation almost a quarter of the $100bn it was worth four years ago.
Brief by WorldPing · Original reporting by Sky News
WorldPingThe fast-fashion giant's shares are due to start trading in Hong Kong on 1 September.
Brief by WorldPing · Original reporting by BBC News
WorldPingKnown for selling cheap clothing, the online retailer has seen its value drop sharply from earlier estimates amid scrutiny over its environmental footprint Shein will debut on the Hong Kong stock exchange on 1 September, the fast-fashion retailer sai…
Brief by WorldPing · Original reporting by The Guardian
WorldPingThe firm raised $68 million as its revenue has grown six-fold as stablecoin payments and settlement expand, CEO Mohammad Raafi Hossain told CoinDesk.
Brief by WorldPing · Original reporting by CoinDesk
Alibaba shares plunged 10% after the tech giant priced a $10.2 billion share placement to fund its growing AI investments.
Brief by WorldPing · Original reporting by CNBC World
WorldPingEight Sleep wants to turn its consumer sleep data into a healthcare business, but first it has to clear regulatory and clinical hurdles.
Brief by WorldPing · Original reporting by Fortune
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