Besides making allegations of abusing legal systems and agressive contracts, Temu's lawsuit makes Shein's business practices look like they're from a mobster movie.
Singapore-based fast fashion platform Shein has confidentially planned to go public in the United States, according to multiple media reports. The Wall Street Journal broke the news earlier on Monday.
Shein has seen big swings in its price tag over the last year. The Singapore-headquartered fast fashion platform is targeting a valuation of up to $90 billion in a potential U.S. initial public offeri
Shein, the fast fashion giant that has thrived on its nimble supply chain in China, is expanding its product range by scooping up competitors. In a statement released on Monday, the Singapore-headquar
Shein and Forever 21 have entered into a partnership that will give both brands new ways to reach customers, the retailers announced on Thursday. As part of the partnership, Shein will acquire around
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday
The battle between two of China’s largest e-commerce firms is heating up, as they take the cutthroat tactics that have long been around in the country to the international markets they both cove
A group of designers are suing Shein, the Chinese fast-fashion firm reportedly valued at $66 billion, for allegedly stealing independent artists’ works “over and over again, as part of a l
As Shein eyes an IPO, the company’s image needs a serious makeover. From stealing indie designers’ work, to violating local labor laws, Shein has fallen out of vogue on social media, so th
Reliance Industries, run by India’s richest man Mukesh Ambani, is gearing up to deploy a winning strategy from its past playbook for the fashion market: low-cost products. Ajio, Reliance’s ret
Shein is partnering with Reliance to re-enter India, a strategy which, if proven viable, could set an example for startups grappling with the China backlash amid rising geopolitical tensions. The Chin
The South Korean giant Krafton has secured the approval from the Indian authorities to resume operations of Battlegrounds Mobile India (BGMI), a popular India-focused battle royale mobile game that th
As the U.S. becomes increasingly wary of China’s growing influence on the Western tech stage, internet platforms from TikTok to Shein are finding themselves in Washington’s sights. As a Ch
When we talk about e-commerce logistics, we think of an industry controlled by entrenched players like Amazon, FedEx and national postal systems. At the start of the pandemic in 2019, a brave startup
Shein, the fast fashion behemoth that has swept across the world, is raising a significant down round as the startup world braces for a funding crunch. The e-commerce platform known for jaw-dropping o
Shein, the world’s largest fashion e-commerce site, has taken significant steps to ramp up its environmental, social and governance — or ESG — efforts. But responsible fast fashion s
Shein, the ultra-fast fashion giant that’s taken the globe by storm, has brought on another heavyweight executive to help steer its ship. It lately onboarded Jessica Liu, former co-president at
A data breach from 2018 is putting Shein under the spotlight as the ultra-fast fashion e-commerce platform continues to conquer Gen Z markets across the world. Zoetop, the firm that owns Shein and its
Shein has shown the world how combining social media marketing, data analytics and China’s well-oiled supply chain has created a $100 billion fast-fashion behemoth. Its success naturally spawns
With breakthroughs in machine learning, it’s no longer uncommon to see algorithmically generated bodies that can move and talk authentically like real humans. The question is now down to whether
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