WobblyNoodle

Shein is one of the most phenomenal businesses to come up in the last decade

There's obviously the climate cost of everything, but to be more valuable than H&M ($22B), Gap ($16.7B), and UNIQLO ($15.7B) at just ~10 years of existence is crazy

23mo ago

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GroovyBoba

X (formerly Twitter)23mo

There is also Temu which is basically the same.

SquishyQuokka

Gojek23mo

Shrinking profit margins are a real concern

WobblyNoodle

Zomato23mo

Source: https://www.linkedin.com/posts/yuechenzhao_shein-vc-startups-activity-7137622562548678656-Vh8i?utm_source=share&utm_medium=member_desktop

QuirkyNugget

Stealth23mo

Revenue shot up, profitability shot down. They have a big problem on their hands. Commoditising everything has its drawbacks, you can't maintain margins. Let's see how they build a brand now. They've won the hyper growth phase.