Tuesday, August 18, 2020

Reliance Retail, India's largest retail chain, has acquired a 60% stake in online pharmacy Netmeds' parent firm Vitalic for about $83.2M (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Reliance Retail, India's largest retail chain, has acquired a 60% stake in online pharmacy Netmeds' parent firm Vitalic for about $83.2M  —  Reliance Retail has bought a 60% stake in pharma marketplace Netmeds' parent firm Vitalic for about $83.2 million, it said today …



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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...