[cityhantam]

https://observer.com/2022/04/shein-fast-...ndraising/

Shein recently raised a round of funding at a private-market valuation of $100 billion, Bloomberg and The Wall Street Journal reported April 4, a figure unheard of among fashion companies. Shein’s publicly traded rivals, Zara and H&M, are valued far less. Zara parent company, Spain-based Inditex Group, has a market cap of about $66 billion, while Sweden’s H&M is worth only $20 billion.

Based in Guangzhou, China, Shein raised between $1 billion and $2 billion from new investors, including private equity firm General Atlantic, and its existing shareholders, Sequoia and Tiger Global Management, per The Wall Street Journal. The fundraising round officially made Shein the world’s third most valuable private company, after TikTok parent ByteDance and SpaceX, according to CB Insights, a private market research firm. (SpaceX was last valued at $100 billion in October 2021.)

[cityhantam]

最神秘的千亿电商，SHEIN是如何崛起？| 希音 许仰天 Shein
.
.

[Niubee]

i bought the polo T from Shein. Cheap and good. Not bad...

[cityhantam]

https://m.shein.com/sg/?url_from=msggoog...a_20210124&cid=9359734306&setid=93778006526&adid=494361779906&pf=GOOGLE&gclid=Cj0KCQjw2_OWBhDqARIsAAUNTTEBtwlG69tGLe_8KiZThZbQACnBMzmjhBRBm2oVZogg6juxu74axwAaArptEALw_wcB
.

[cityhantam]

https://m.shein.com/asia/
.

[cityhantam]

http://m.chinanews.com/wap/detail/zw/cj/...9511.shtml



媲美字节跳动？希音缘何估值达千亿美元
广州日报
2022-04-26 09:45:54
　　创始在南京 壮大在广州 控股在新加坡

　　近日，有市场消息称，中国跨境电商巨头希音(SHEIN)在最近一轮融资中的估值达1000亿美元(920亿欧元)。

　　1000亿美元估值意味着什么？根据CB风险投资公司的数据，1000亿美元的估值足以令希音成为全球估值第3高的初创公司，仅次于字节跳动和太空探索技术公司。

　　值得一提的是，根据2021年12月发布的胡润百富《2021全球独角兽榜》，希音正是广州最大的独角兽企业。作为一家跨境电商企业，希音究竟是如何实现快速成长的？这背后，离不开广州在服装产业供应链方面的强大实力。
。
。

[Migrant]

Their clothes are fashionable and cheap.

[kokee]

china company, up & down very fast, why never use xinjiang cotton huh? LOL LOL!
With china domestic market almost totally died now, global? wait for sanction!
no one here know what this brand is, basically no branding.
same as all china company, steal design, copy cat, infringe patent, norm!
beside below, ton more, google yourself, such company will not last  long!!




Intellectual property theft[edit]
In 2018, the company was sued by Levi Strauss & Co. for copying a trademarked jean stitching. The case was settled out of court.[15]
In 2021, AirWair International Limited, who are known for the Dr. Martens boots, accused Shein and its sister company, Romwe, of selling copies of their designs (and calling them "Martins") at a cheaper price while using photos of authentic Dr. Marten shoes to "entice customers," to which Shein responded with a blanket denial of AirWair International's claims.[16] In March 2021, Ralph Lauren filed a trademark infringement and unfair competition lawsuit against Zoetop Business Co. (the parent company of Shein).[17] In the complaint, Ralph Lauren said that Zoetop Business Co. selling clothing with a "confusingly similar" mark was an exploitation of their "goodwill and reputation of genuine Ralph Lauren products."[17]
Shein has also been accused by dozens of artists and small fashion retailers of stealing designs.[18][19] In 2018, Ilse Valfre, who owns the LA-based brand Valfré, was notified by her customers that Shein was selling "identical copies" to her products.[20] Quinn Jones, who is the co-founder of Kikay (an earring brand in Los Angeles), said that he found earring designs on Shein that were very similar to Kikay's earrings.[16] Elexiay also claims that Shein stole its design of a pink and green hand-crocheted sweater, which costs $330, but was sold by Shein for $17. Reclamare PH and Sincerely RIA, both of which are small fashion brands, have said on their social media handles that Shein has copied their designs. Shein has also been accused of copying designs of non-clothing such as enamel pins.[21] In an effort to bring awareness to Shein's actions and to help support indie brands and artists, the hashtag "boycottShein" became popular on TikTok and Twitter in 2020.[20][21] In 2021, Mariama Diallo, founder of and designer for Sincerely Ria, accused Shein of stealing her designs in a Tweet that included comparative images to demonstrate her point.[22]


Criticism for offensive images[edit]

In July 2020, a necklace with a swastika was reported and later removed from the site in response to widespread public criticism (the brand clarified that it was a Buddhist religious symbol, not a Nazi swastika).[24] In May 2021, Shein received criticism for offering a phone case with an image of a handcuffed Black man outlined in chalk. Shein issued an apology for the offensive image, and also for using the image without the permission of the person who created the design.[25]


App prohibition in India[edit]
In June 2020, the Shein app was banned in India due to privacy concerns.[26] The Ministry of Electronics and Information Technology of India classified the Shein app along with 59 other Chinese apps under Section 69A in The Information Technology Act, 2000, saying "[u]pon receiving recent credible inputs that such apps pose threat to sovereignty and integrity of India, the Government of India has decided to disallow the usage [...] both [on] mobile and non-mobile Internet-enabled devices." Section 69A grants the central government the "power to issue directions for blocking public access of any information through any computer resource".[27] However, it is still legal in India to purchase Shein products on other websites that are not covered under Section 69A.[27]

[cityhantam]

Moronic Kokee Cok is addicted to posting FAKE NEWS and LIES about China and everything Chinese? 

[Sharexchange]

Very big bubble in making.

[cityhantam]

Very big bubble in making.

You play bubbles?

[Niubee]

Very big bubble in making.

U like to eat Bubblegum?

[cityhantam]

This SECRET Chinese Company is BEATING Amazon!
.
.

[Sharexchange]

Muddy water will expose its dark secret.

[Levin]

I checked out Shein quite a while back and find its fashion to be pretty good but it's mainly women's fashion.

[cityhantam]

I checked out Shein quite a while back and find its fashion to be pretty good but it's mainly women's fashion.

[Ernesto]

If worth so much why still need to need raised $1billion?
A lot of rich ppl conspire to scam all the ignorant and greedy investor causing the market becoming so sick in all manner.

[Levin]

If worth so much why still need to need raised $1billion?
A lot of rich ppl conspire to scam all the irgnoray and greedy investor causing the market becoming so sick in all manner.

Online companies like that lah. Started with Amazon. Or was it Ebay? Many raised lots of money.

[cityhantam]

If worth so much why still need to need raised $1billion?
A lot of rich ppl conspire to scam all the irgnoray and greedy investor causing the market becoming so sick in all manner.

With money, can make more money mah!

[cityhantam]

Online companies like that lah. Started with Amazon. Or was it Ebay? Many raised lots of money.

Not just online companies lah. 

Hyflux also raised a lot of money! 

[pervertosan]

i bought the polo T from Shein. Cheap and good. Not bad...

ur bra and panties also buy there?

[cityhantam]

ur bra and panties also buy there?

You are buying for your China girlfriend?

[Niubee]

ur bra and panties also buy there?

U are blind. I rest my case

[kelhot2001]

https://observer.com/2022/04/shein-fast-...ndraising/

Shein recently raised a round of funding at a private-market valuation of $100 billion, Bloomberg and The Wall Street Journal reported April 4, a figure unheard of among fashion companies. Shein’s publicly traded rivals, Zara and H&M, are valued far less. Zara parent company, Spain-based Inditex Group, has a market cap of about $66 billion, while Sweden’s H&M is worth only $20 billion.

Based in Guangzhou, China, Shein raised between $1 billion and $2 billion from new investors, including private equity firm General Atlantic, and its existing shareholders, Sequoia and Tiger Global Management, per The Wall Street Journal. The fundraising round officially made Shein the world’s third most valuable private company, after TikTok parent ByteDance and SpaceX, according to CB Insights, a private market research firm. (SpaceX was last valued at $100 billion in October 2021.)

Are you the article writer Sissi Cao?

[cityhantam]

Are you the article writer Sissi Cao?

You better check your asshole for China's spying devices! 

[babygirl]

If worth so much why still need to need raised $1billion?
A lot of rich ppl conspire to scam all the irgnoray and greedy investor causing the market becoming so sick in all manner.

[cityhantam]

Another company competing :

https://www.digitalcommerce360.com/2023/...debut/amp/
.
Temu launched in September and rapidly scaled Apple’s U.S. app store. It’s now considered a serious competitor to Shein, the fast-fashion phenomenon that has also fired up American shoppers. But PDD, which plans to launch Temu in Canada as soon as this month, offers a broader range of goods from pet supplies to groceries.

.
.

[cityhantam]

中国电商出征北美大杀四方！拼多多海外版temu霸榜下载第一名、美国网友人传人：谁能帮我砍一刀temu？海外封闭零售市场正在被中国电商破防
.
.

[Blasterlord2]

Worth 1 trillion also not my business.

[cityhantam]

Worth 1 trillion also not my business.

Are you sure?