Tuesday, July 25, 2023

Xiaomi plans to focus on 5G phones and reduce its range in India, trying to claw back market share lost to Samsung and other rivals in its second biggest market (Sankalp Phartiyal/Bloomberg)

Sankalp Phartiyal / Bloomberg:
Xiaomi plans to focus on 5G phones and reduce its range in India, trying to claw back market share lost to Samsung and other rivals in its second biggest market  —  - India is smartphone maker's biggest market after China  — Xiaomi has fallen to No. 4 after once dominating the market



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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...