Thursday, December 9, 2021

Fintech firm Pleo raises another $200 million at $4.7 billion valuation

Danish financial technology firm Pleo, which offers expense management tools and "smart" payment cards for companies, said on Thursday it has raised another $200 million as part of an extension to its last round in July that nearly tripled its valuation to $4.7 billion. https://ift.tt/3GsNC47

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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...