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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]
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
The e-commerce company is now worth $143 billion. ... its fellow Chinese e-commerce company, the fast fashion-oriented Shein. ... 35 billion since his peak net worth of $58.8 billion in 2020.
Shein acquired one-third of Forever 21’s parent company in 2023, ... the company’s cofounders had a combined net worth of $5.9 billion with 750 stores across the U.S.
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 ...
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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 finance, a unicorn is a privately held startup company with a current valuation of US$1 billion or more. Notable lists of unicorn companies are maintained by The Wall Street Journal , [ 1 ] Fortune Magazine , [ 2 ] CNNMoney / CB Insights , [ 3 ] [ 4 ] TechCrunch , [ 5 ] PitchBook/Morningstar, [ 6 ] and Tech in Asia .