Wednesday, September 23, 2020

How a marked-up term sheet and messy rollout threw TikTok deal into disarray

What appeared as a coup clinched by Mnuchin, a former Goldman Sachs Group investment banker, did not hold. https://ift.tt/363IO6A 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...