Wednesday, May 22, 2019

This is what may trouble Amazon and Flipkart most after Reliance's entry in online shopping

Reliance Retail operates 10,415 stores in more than 6,600 cities, with 500 million annual footfalls. http://bit.ly/2EyhKhh

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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...