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Dutch tech investor Prosus plans to acquire online travel agency Despegar.com for $1.7B, or $19.50 per share, to expand in Latin American, closing in Q2 2025 (Loni Prinsloo/Bloomberg)

Loni Prinsloo / Bloomberg : Dutch tech investor Prosus plans to acquire online travel agency Despegar.com for $1.7B, or $19.50 per share,...

31 March 2024

Sources: Shein had $2B+ of profit and ~$45B of GMV in 2023, ahead of a planned NY or London IPO; documents: Shein had $700M of profit in 2022 and $1.1B in 2021 (Financial Times)

Financial Times:
Sources: Shein had $2B+ of profit and ~$45B of GMV in 2023, ahead of a planned NY or London IPO; documents: Shein had $700M of profit in 2022 and $1.1B in 2021  —  Fast-fashion group is seeking Chinese approval for IPO in New York or London  —  Online fast-fashion giant Shein has more than doubled …

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