Shein’s valuation may reach as high as 100 billion U.S. dollars. With ByteDance having 2 billion users holding Douyin and TikTok, It is on par with SpaceX and is expected to rank among the top three unicorns in the world.
Chinese apps account for 33% of global downloads, and the performance of Chinese game programs is even more astonishing.
Alibaba’s current market value has been underestimated by the capital market for more than three years, and it is difficult to improve in the short term. A spin-off is the most effective way to increase Alibaba’s corporate value.
What I want to talk about in this post is a just-published English book “The Power Law”.
Chinese stocks is not a wise choice, I have previously written two articles on the theme of China concept stocks: “The biggest risk to hold Chinese stocks, taking Alibaba and Tencent as examples”, and “Why do many Chinese companies want to be US listed?”.
Shopify, the only rival admitted by the founder of Amazon, how does it make money?