IPOs & Markets
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Shein was last valued at $66b in May 2023, down from $100b in 2022.
Investor meetings are set to begin next week, with a listing expected around Oct.
Deals
Global memory makers, including Samsung Electronics and SK Hynix, are ramping up investment.
The investment will likely total several hundred billion yen.
Rest of Asia
A vehicle owned by the Niel family will buy e&’s roughly 16.2% stake.
India
The company said it will use the funds to set up new centres in existing and underserved markets.
Fundamentum is targeting a corpus of $230 million.
World
The joint venture plans to establish up to 125 MindChamps preschool centres across California.
SK Hynix shares have dropped a quarter from their record high hit two weeks ago.
