IDG Capital

New Business

Shein eyes US$2 billion profit in 2025 despite Trump tariffs and French ban

Shein Group has told investors that it is expecting a bumper US$2 billion in net income in 2025, after higher…

Read More »
New Business

Shein faces investor pressure to slash valuation to US$30 billion, sources say

Chinese fast-fashion retailer Shein is under pressure to cut its valuation to about US$30 billion, according to people familiar with…

Read More »
Tech

AeroHT, flying car affiliate of Chinese EV maker Xpeng, raises US$150 million in financing

“The fresh capital will strengthen AeroHT’s research and development, realise mass production of our products and speed up the commercialisation…

Read More »
Back to top button