Wednesday, September 23, 2020

SEC filing: Peter Thiel and Richard Li have created a SPAC called Bridgetown Holdings Ltd., targeting SE Asia investment, and are seeking to raise $575M via IPO (Lizette Chapman/Bloomberg)

Lizette Chapman / Bloomberg:
SEC filing: Peter Thiel and Richard Li have created a SPAC called Bridgetown Holdings Ltd., targeting SE Asia investment, and are seeking to raise $575M via IPO  —  - Bridgetown also backed by Richard Li's Pacific Century  — SPAC aims to raise $575 million, according to filing



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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...