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Top News In கிரீன்வுட்ஸ் சொத்து மேலாண்மை Today - Breaking & Trending Today

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 China-focused internet analyst who wrote a piece about the company.  ....

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Feb 12, 2021 - Greenwoods Asset Management Ltd Buys Pinduoduo Inc, Taiwan Semiconductor Manufacturing Co, Apple Inc, Sells Alibaba Group Holding, JD.com Inc, Facebook Inc


These are the top 5 holdings of Greenwoods Asset Management Ltd
Pinduoduo Inc (PDD) - 6,403,552 shares, 26.13% of the total portfolio. Shares added by 94.73%
Sea Ltd (SE) - 2,129,532 shares, 9.74% of the total portfolio. Shares added by 2.73%
Facebook Inc (FB) - 1,520,670 shares, 9.54% of the total portfolio. Shares reduced by 23.51%
ZTO Express (Cayman) Inc (ZTO) - 13,588,116 shares, 9.10% of the total portfolio. Shares reduced by 11.06%
Taiwan Semiconductor Manufacturing Co Ltd (TSM) - 2,615,770 shares, 6.55% of the total portfolio. Shares added by 856.41%
New Purchase: Tesla Inc (TSLA)
Greenwoods Asset Management Ltd initiated holding in Tesla Inc. The purchase prices were between $388.04 and $705.67, with an estimated average price of $512.96. The stock is now traded at around $803.520000. The impact to a portfolio due to this purchase was 2.98%. The holding were 183,980 shares as of 2020-12-31. ....

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