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<body><p>STORY: "Shein's valuation has dropped sharply in the past four years. It was valued at about $100 billion at its peak in 2022, but the valuation now is almost about a quarter of its peak valuation."</p><p>:: Hong Kong / August 24, 2026</p><p>:: Summer Zhen, Asia Funds Correspondent</p><p>"That is because the company is facing multiple challenges. The biggest one is the fierce competition from rivals such as Temu and Amazon."</p><p>"The company's sales growth is slowing down. It reported a first-quarter loss in first quarter. The company's app download is also declining quickly. That data has hurt investor confidence in the company."</p><p>"And in addition, both the U.S. and Europe, Shein's key markets, have imposed additional fees on small e-commerce parcels imported from China. That means consumers who buy Shein products now need to pay more.</p><p>"If a shopper now buys a €3 T-shirt on Shein, the cost could double after the fee."</p><p>"What's worse is that Shein's IPO comes at a challenging time. This year, all the investor focus is on AI and tech-related names such as Unitree IPO and CXMT, both blockbuster IPOs in China"</p><p>"The valuation of about $27 billion in its prospectus represents only about a quarter of that level and reflects investors' lukewarm interest."</p></body>
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The blankets stay cool to the touch, keeping you comfortable throughout the night.
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Anthropic would need to generate roughly $1.2 trillion in annual revenue within a decade to justify a potential $2 trillion valuation, according to NYU finance professor Aswath Damodaran. That target is roughly 18 times Anthropic’s July revenue run rate of...
Flipkart's quick-commerce venture is delivering 1.1 million to 1.2 million orders a day, nearly triple its November volume.
Expectations for AI stocks appear to be changing.