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Shein wins China's approval for a Hong Kong IPO targeting a $40 billion valuation

The fast-fashion retailer is scheduled for a stock exchange hearing Thursday and could list as early as the third quarter of 2026 [...]

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Destination
Hong Kong bans video game using national security laws

Hong Kong authorities have warned their residents against downloading a Taiwan-made game called Reversed Front: Bonfire, which they're accusing of advocating for armed revolution and promoting &q [...]

Match Score: 146.01

thenextweb
Shein’s IPO is being pitched at under $30 billion. Four years ago it was worth $100 billion.

Shein’s advisers are pitching the fast-fashion giant to investors at a valuation below $30 billion for its Hong Kong IPO, a roughly 70% drop from the $100 billion-plus valuation it hit in a 2022 pri [...]

Match Score: 124.63

Destination
How to buy the Switch 2: Nintendo's restock updates at Best Buy, Walmart and others

Update (7/14/25): Best Buy will reportedly restock Switch 2 consoles next on July 17, which coincides with the release of Donkey Kong Bananza. <br /> <br /> The Nintendo Switch 2 is fina [...]

Match Score: 100.85

Destination
Texas AG opens probe into Shein

Texas Attorney General Ken Paxton has opened an investigation into online fast fashion retailer Shein. The probe will examine whether the company violated state laws related to labor practices and pro [...]

Match Score: 95.78

thenextweb
Shein’s app runs on the tricks the FTC calls ‘dark patterns.’ Now the FTC is investigating.

Shein wanted its Hong Kong listing to be about growth. Instead, the filing meant to sell that story revealed a US regulator is investigating the company, and Shein will not say why. The disclosure sit [...]

Match Score: 95.74

Destination
USPS backtracks on suspending packages from China

Update, February 5, 2025, 10:02AM ET: The USPS swiftly backtracked on its suspension of Chinese packages. <br /> In an updated statement published Wednesday morning, the agency said, "Effe [...]

Match Score: 95.33

venturebeat
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure

Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]

Match Score: 94.92

thenextweb
Shein is set for its Hong Kong listing hearing on Thursday

Shein is scheduled to face the Hong Kong stock exchange’s listing committee on Thursday, Reuters reported on Monday, citing people familiar with the matter. It is the final procedural gate before [...]

Match Score: 89.82

venturebeat
Anthropic launches Claude Sonnet 5 at a steep discount to its top model as the company races toward a blockbuster IPO

Anthropic today released Claude Sonnet 5, a new AI model that the company says delivers near-flagship performance at mid-tier prices — a move designed to give cost-conscious enterprise developers ac [...]

Match Score: 82.90