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The company was valued at $100 billion. [18] In October 2022, The Wall Street Journal reported that Shein generated US$24 billion in revenue in 2022, becoming almost as large as traditional fast fashion brands such as Zara and H&M. [6] Its other competitors include ASOS, Fashion Nova, Forever 21, PrettyLittleThing, Temu, and Topshop. [19]
The stock market debut could make Shein the most valuable Chinese company to go public in the United States since ride-hailing giant Didi Global listed in New York in 2021 at a $68 billion valuation.
The company informed investors last month that it aims for a valuation in the range of $80 million to $90 billion, according to Bloomberg. Shein will privately work with the U.S. Securities and ...
In its latest private fundraising, Shein had a valuation of $66 billion; some analysts think an LSE offering could rake in $5 billion to $10 billion, which could make it the second-largest in the ...
Inditex is a large brand with a new worth of $17.2 billion. [24] With their abundance of wealth, it is expected that this company produces greener. Inditex has targets to source fabrics more sustainably by 2025 and to have nothing sent to the landfills by 2023. [ 23 ]
Singapore-headquartered Shein is preparing to file a prospectus for its IPO that could value it at around £50 billion ($63.7 billion), Sky News reported Sunday. The filing could take place as ...
Amazon is the Internet company with the highest revenue, at $469.82 billion in 2021. [1] [2]This is a list of Internet companies by revenue and market capitalization.The list is limited to dot-com companies, defined as a company that does the majority of its business on the Internet, with annual revenues exceeding US$1 billion.
Colin Huang’s net worth tanked $14.1 billion after ... Temu’s moment as a stiff competitor to Amazon and Shein came and passed ... or Sony ($119 billion). As of August, the company’s market ...