Friday, December 10, 2021

Berlin-based instant grocery startup Flink raises a $750M Series B led by DoorDash at a $2.85B post-money valuation (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Berlin-based instant grocery startup Flink raises a $750M Series B led by DoorDash at a $2.85B post-money valuation  —  Instant grocery delivery continues to be a very frothy market, but today comes news of a major funding round for one player in it that investors believe will still be standing after the hype has died down.



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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...