China Digest: SoftBank backs Beta Data; ADV Partners buys ISS Environmental
SoftBank Ventures Asia has led a Series B+ funding round in Beta Data, a startup that provides SaaS-based solutions for financial institutes.
Source: dealstreetasia.com
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Shein Beats Amazon as the Most Installed Shopping App in the US, Exceeding $15 Billion Valuation
(Photo : GettlyImages/ Staff) Shein beats amazon Shein's slow but steady rise has reached a crescendo as the fast fashion e-commerce app takes the crown from Amazon as the most downloaded shopping app on Android and iOS in the United States. Shein Beats Amazon as Most Downloaded App According to the data released by app tracking firm App Annie, the rise of Shein is quiet because the company maintains a very low profile, despite exceeding $15 billion in valuation, and does not try to make itself known to the media. The app is also called as the "TikTok for e-commerce" by Matthew Brennan, a C...
Source: techtimes.com