The annual revenue of Chinese fast-fashion giant Shein is reportedly more than $30 billion. The annual revenue of Chinese fast-fashion giant Shein is more than $30 billion, according to Jamie Salter, the founder and CEO of Authentic Brands Group, a key retail partner of Shein.
Investors
Microsoft Surpasses Apple as World’s Most Valuable Public Company
Microsoft has emerged as the most valuable publicly traded company, outpacing Apple. In a significant shift of financial standings, Microsoft emerged as the most valuable publicly traded company on Friday after briefly outpacing Apple during intraday trading Thursday.
Walmart Unveils Plans to Use AI, Drones to Improve Customers' Shopping Experiences
Walmart has revealed its ambitious foray into artificial intelligence (AI) and drone technology to improve its customers' shopping experience.
Joe Biden to Replace Trump-Era Rule That Makes It Easier for Companies to Classify Workers as Independent Contractors
The administration of President Joe Biden is set to release new guidelines that will provide additional protections to gig workers or independent contractors.
Kia Launches 'Platform Beyond Vehicle' Strategy, Reveals Several Concept EVs at CES 2024
Kia has unveiled its Platform Beyond Vehicle (PBV) future strategy at the CES 2024 in Las Vegas. Kia has unveiled its Platform Beyond Vehicle (PBV) future strategy at the 2024 Consumer Electronics Show (CES) in Las Vegas.
Latest News
Executives at SpaceX and some of the other businesses that Elon Musk runs have reportedly expressed concern over his alleged drug use, according to a new report.
US cryptocurrency exchange Coinbase is making strategic moves to introduce crypto-linked derivatives in the European Union (EU) by acquiring a company with a license to do so.
Bitcoin surged above $45,000 on Tuesday, marking its highest value since April 2022. Starting 2024 with positive momentum, Bitcoin surged above $45,000 on Tuesday, marking its highest value since April 2022.
Saudi Arabia's Public Investment Fund (PIF) has emerged as the world's most active sovereign investor in 2023, with deals worth billions of dollars.
US semiconductor giant Nvidia plans to introduce a slower version of its gaming processor in China to comply with US export restrictions.
Chinese tech giant Xiaomi unveiled its first EV model, the SU7, on Thursday, when it detailed plans to enter the competitive electric vehicle (EV) market.
Investors expect a rebound in the 2024 IPO market. Here are the companies that are expected to go public next year.
Sportswear giant Nike has unveiled plans to slash costs by approximately $2 billion over the next three years.
The S&P 500 could sink 20% this spring and then surge to an all-time high by the end of 2024, according to an investment strategist.
