Saturday, May 24, 2025

The Shein India app, launched by Mukesh Ambani's Reliance Retail in partnership with Shein, has struggled to gain traction after launching in February (Rest of World)

Rest of World:
The Shein India app, launched by Mukesh Ambani's Reliance Retail in partnership with Shein, has struggled to gain traction after launching in February  —  Early data shows the partnership is off to a slow start, as Reliance's retail machine struggles to cement its place in a market dominated by Amazon and Walmart.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...