Shein

Despite TikTok facing increasing scrutiny as lawmakers prepare to ban it, four out of the top 10 most-downloaded apps in the U.S. are owned by Chinese companies.  What Happened: Last week, the CEO of TikTok, Shou Zi Chew, said that the popular Chinese-owned short-form video...

Last week, TikTok CEO Shou Zi Chew faced intense questioning at a U.S. congressional hearing. Following grilling from the House Energy and Commerce Committee, he received overwhelming support from TikTok users, who have sought to protect it from a ban by the U.S. government.  In fact,...

Key Takeaways: Fast fashion retailer Shein is reportedly reviving its plan for a New York listing, even as its valuation reportedly shrinks After explosive growth in the past few years on the popularity of its cheap, trendy clothing, the company’s sales may have slowed sharply last year, as...

Chinese online fast-fashion retailer SHEIN is mulling a $1 billion funding that could shoot its valuation past the owners of H&M, Uniqlo (OTC: FRCOY), and Zara.  What Happened: According to a Bloomberg report, the e-tailer is in talks with potential investors, including General...

The most talked about brand on TikTok in 2020 — topping Netflix (NYSE: NFLX) and Barstool Sports — happens to be the fastest-growing e-commerce company in the world, according to a new report.  The online, China-based company Shein sports an apparel website that...