Monday, June 17, 2019
India won't allow multi-brand retailing by foreign e-comm cos: Piyush Goyal
In December last year, DPIIT had barred marketplaces from selling products from sellers in which they have an equity interest and entering into deals with brands to sell product exclusively on their platforms. http://bit.ly/2InBXZd https://ift.tt/eA8V8J
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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)
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