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      Shein IPO: What to Know About Hong Kong Listing, Valuation

      During the height of the Covid-19 pandemic six years ago, a little-known online retailer called Shein Group Ltd. struck gold. Its intensive social media campaign promoting ultra-cheap clothes, including $5 floral halternecks and $10 pajamas, coincided with people stuck at home and spending more time on their screens. Shein’s campaign tapped into a sudden and voracious appetite for online shopping and, in 2020, sales more than tripled, propelling it into the ranks of the world’s biggest fast-fash

      Source: Bloomberg
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud