Tuesday, August 11, 2020

TikTok parent ByteDance halts hiring in India; tries to retain employees

The company, which has 2,000 employees in India, is trying to hold on to staff amid discussions of a sale of TikTok with Microsoft and Twitter. https://ift.tt/30MqyeD 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)

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