Saturday, May 1, 2021

TikTok Names ByteDance CFO Shou Zi Chew as New CEO

TikTok appointed Shou Zi Chew, a Singaporean national, as the new Chief Executive Officer of the popular video-sharing platform, the company said. https://ift.tt/2PDbIV8

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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...