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Ecommerce – FastNews

Shein does e-commerce

BRIEF: Taobao launches $7 billion subsidy in instant retail wars

E-commerce giant Alibaba (BABA.US; 9988.HK) announced on Wednesday that its Taobao Flash Sale instant retail platform has launched a 50 billion yuan ($6.97 billion) subsidy program that will run for…
July 3, 2025
9988.HK BABA.US
Shein does e-commerce

BRIEF: Shein makes confidential filing for Hong Kong IPO

Fast fashion sensation Shein was planning to confidentially file a draft prospectus for a listing on the Hong Kong Stock Exchange by this week, after its earlier bids to list…
June 30, 2025
Shein does e-commerce

BRIEF: Kanzhun to raise up to $288 million via new share sale

Boss Zhipin recruitment platform operator Kanzhun Ltd. (2076.HK; BZ.US) announced on Tuesday that it plans to sell up to 30 million new class A ordinary shares for a maximum of…
June 25, 2025
2076.HK BZ.US

BRIEF: S.F. Holding’s revenue rises in May on shopping festival boost

Parcel delivery company S.F. Holding Co. Ltd. (6936.HK; 002352.SZ) said on Thursday its revenue rose 11.3% in May year-on-year to 25.1 billion yuan ($3.5 billion), as a 31.8% jump in…
June 20, 2025
6936.HK 002352.SHE
Shein does e-commerce

BRIEF: Agricultural goods trader Yimutian files for Nasdaq IPO

Yimutian Inc. has filed to list on the Nasdaq, billing itself as China’s largest B2B platform for trading in agricultural products. The company didn’t disclose any fundraising targets in its…
June 11, 2025
Shein does e-commerce

BRIEF: Synagistics eyes major Chinese SaaS acquisition

Southeast Asian e-commerce company Synagistics Ltd. (2562.HK) announced on Monday that it has agreed to acquire 80% or more of a major Chinese software as a service (SaaS) platform, with…
June 9, 2025
2562.HK
Shein does e-commerce

BRIEF: Shein abandons London listing plan, heads to Hong Kong

Online fast fashion retailer Shein has abandoned plans for a London IPO after failing to get approval from China’s securities regulator, Reuters reported on Wednesday, citing sources familiar with the…
May 29, 2025
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