Greater China
Shein was last valued at $66b in May 2023, down from $100b in 2022.
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GIC announces CIO appointments
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Indonesia's RANS makes blockbuster debut as IPO dream run continues
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IFC proposes $150m loan for New Hope Singapore's feed production growth
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Japan looking to encourage GPIF to boost domestic investment
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Secretive founder may come out of the shadows as Shein prepares to list
More Stories
Indonesia’s RANS makes blockbuster debut as IPO dream run continues
Beyond the Buyout: Temasek rewrites LP playbook
NSE to pitch IPO to 30 global investors as bet on India’s financial expansion
India
DealStreetAsia had reported in Feb that the two fintechs are looking to deepen ties.
Vietnam
Tiki and Sendo lost ground to foreign rivals like Shopee, TikTok Shop, and Lazada.
Info Edge has acquired a stake of 2.2% in Udaan.
The funding also saw participation from Turner Morrison consortium.
Singapore
Garena’s latest AI-linked bets follow a lull after its investment spree around 2021 to 2022.
The development comes ahead of the company’s merger with upGrad.
Rapido has been valued at $3 billion on a post-money basis.
Revenue was buoyed by government subsidies for electronic goods.
Indonesia
Currently, commission taken from drivers for each trip is capped at 20%.
