Thursday, September 17, 2020

Sources: JD Health, the online health care unit of JD.com, is planning to file for a Hong Kong IPO as soon as this month that could raise at least $1B (Julia Fioretti/Bloomberg)

Julia Fioretti / Bloomberg:
Sources: JD Health, the online health care unit of JD.com, is planning to file for a Hong Kong IPO as soon as this month that could raise at least $1B  —  - JD.com's health unit is planning to raise at least $1 billion  — Health care IPOs have boomed this year amid surging stocks



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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...