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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...

21 February 2025

Sensor Tower: Xiaohongshu's downloads fell 91% in five days after Apple and Google relisted TikTok on their US app stores on February 13, while TikTok's doubled (Vlad Savov/Bloomberg)

Vlad Savov / Bloomberg:
Sensor Tower: Xiaohongshu's downloads fell 91% in five days after Apple and Google relisted TikTok on their US app stores on February 13, while TikTok's doubled  —  - TikTok absence from app stores estimated to cost $142 million  — Rednote emerged as the go-to TikTok replacement in January

Posted from: this blog via Microsoft Power Automate.

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