How to Destroy a $100 Billion Valuation
Try Out TubeMagic For Free 👉 https://tubemagic.com/free-trial
Thanks to TubeMagic For Sponsoring This Video! TubeMagic helps YouTubers succeed on YouTube with the power of AI. 📈
Shein is an incredibly successful Chinese fast fashion company that has captured the hearts of Gen Z consumers with its unbelievably inexpensive apparel. Flourishing during COVID-19, Shein became a pioneer in promotional advertising on platforms like TikTok, where influencers showcased trendy outfits at unbeatable prices. As Shein's popularity surged, discussions about a U.S. IPO began after their valuation soared to $100 billion. However, lawmakers raised concerns over forced labor practices in their supply chain, complicating the proposed IPO process and sparking significant public interest.
#FastFashion #SheinIPO
★ ★ LEARN TO INVEST ★ ★
Get started investing on the right foot with our step-by-step investing courses:
https://newmoney.education/
★ ★ CONTENTS ★ ★
0:00 The Astonishing Rise of Shein
1:30 US Lawmakers Block Shein's IPO
3:30 Forced Labor Allegations
5:30 Cotton Laundering
7:20 The 'De Minimis' Loophole
8:30 The US IPO Gets Blocked
9:50 Shein Flees to the UK
My Podcast: / theyounginvestorspodcast
Brandon van der Kolk is authorised to provide general financial product advice in Australia and is an Authorised Representative (Number 1305795) of Guideway Financial Services Pty Ltd, AFSL Number 420367. Any advice is general & does not consider your financial situation, needs or objectives so consider whether it's appropriate for you. Read Brandon's Financial Services Guide available from https://guideway.com.au/NewMoney.pdf. Past performance is not a reliable indicator of future investment returns.
Contact email: [email protected]
Note: I do not have the ability to answer all emails, but know that each email is read. If enquiring about sponsorship, New Money is currently only seeking sponsorship from established brands.
Watch video How to Destroy a $100 Billion Valuation online without registration, duration hours minute second in high quality. This video was added by user New Money 30 September 2024, don't forget to share it with your friends and acquaintances, it has been viewed on our site 88,321 once and liked it 2 thousand people.