Shein Unseats Amazon as Most Downloaded US Purchasing App

[ad_1] It’s laborious to think about that one clothes firm might upend Amazon, however Shein(Opens in a brand new window) (pronounced “shee-in”) has executed it, at the very least when it comes to app downloads. The China-based firm surpassed Amazon when it comes to international app downloads in 2021, however the first half of 2022 … Read more

Shein, Shopee and Meesho overtook Amazon in 2021

[ad_1] Shein, Shopee and Meesho overtakes Amazon in 2021 (Photograph by Philippe LOPEZ / AFP) Shopee, Shein and Meesho had been essentially the most downloaded e-commerce apps globally in 2021. E-commerce big Amazon got here in fourth place in buying app installations worldwide final yr. Amazon is nonetheless nonetheless first in US’ rankings for buying … Read more

Shein Aiming For US IPO In 2024

[ad_1] After shelving its plans beforehand for an IPO in 2022, Chinese language fast-fashion big Shein is now hoping to go public with an preliminary public providing (IPO) in the USA as quickly as 2024.  In accordance with a report from Bloomberg, the corporate faces environmental, social and governance, or ESG, considerations that could possibly … Read more

Shein stated to be elevating $1 billion at $100 billion valuation – TechCrunch

[ad_1] Sure, you learn it appropriately. The quick trend e-commerce firm that few within the tech business had even heard of two years in the past is aiming to lift $1 billion at a valuation of $100 billion. Shein’s fundraising plan was first reported by Bloomberg and we’ve reached out to the agency and its … Read more

China’s Shein turns into world’s largest purchasing app with 17.5m downloads in July

[ad_1] Chinese language quick trend app Shein has develop into the world’s largest purchasing app, with  mixed downloads from the Google Play Retailer and Apple App Retailer worldwide hitting some 17.52 million house screens in July 2021 – greater than double Amazon Buying’s 7.46 million whole downloads, in keeping with information from Based in … Read more