Friday, December 30, 2022

China-based Freetech Intelligent Systems, which creates software and hardware for autonomous vehicles, raised a ~$100M Series B led by Chaos Investment (Shadine Taufik/Tech in Asia)

Shadine Taufik / Tech in Asia:
China-based Freetech Intelligent Systems, which creates software and hardware for autonomous vehicles, raised a ~$100M Series B led by Chaos Investment  —  Freetech Intelligent Systems, a China-based autonomous driving firm, has raised nearly US$100 million in its series B round, Nikkei Asia reported.



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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...