Shein should strengthen its supply-chain and enhance cost control to maintain long-term growth in a fast-changing retail landscape, according to experts from Bain & Co and Kantar Worldpanel. Constant innovations to the Chinese-founded online fast-fashion marketplace’s business model and products will be effective in keeping potential rivals at bay, as the company rises to global … Read more
The concerns of shareholders adds to the challenges Shein has faced while searching for a place to host its public debut. More troublesome for the online retailer is the regulatory vacuum it finds itself in owing to its Chinese origins and operations, said a person who is familiar with the procedures for companies to conduct … Read more
Shen, 56, retired from that role owing to “other business commitments”, and there is no disagreement between him and the Beijing-based company’s board, according to Meituan’s filing to the Hong Kong stock exchange on June 14. Known as China’s venture capital “godfather” for his investments in some of the country’s most successful internet companies, Shen … Read more
The Asia partnership, which is led by Jenny Lee and Jixun Foo in Singapore, has been rebranded as Granite Asia. Its name comes from Granite Global Ventures, GGV’s original handle when the firm was founded in 2000. Singapore-based Granite Asia is headed by senior managing partners Jenny Lee (above) and Jixun Foo. Photo: Bloomberg The … Read more
The start-up in October launched smart chatbot Kimi Chat, built on its self-developed Moonshot large language model (LLM), which can process as many as 200,000 Chinese characters in a context window – referring to the swathe of text that an AI model can process during conversation with users. A screenshot of smart chatbot Kimi Chat. … Read more
