Tuesday, October 13, 2020

Source: meditation and sleep app maker Calm is looking to raise ~$150M at a $2.2B valuation; Calm was valued at $1B in July 2019 (Bloomberg)

Bloomberg:
Source: meditation and sleep app maker Calm is looking to raise ~$150M at a $2.2B valuation; Calm was valued at $1B in July 2019  —  Calm, maker of a meditation and sleep app, is exploring a new funding round that could more than double the company's valuation, according to people with knowledge of the matter.



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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...