
TRD Issue 49 - Briefing: Black Friday Cyber Monday, Shein Files IPO, TikTok’s Investments in Indonesia
Black Friday's online sales hit a new high of $9.8B in the US, a 7.5% increase from last year. Shein's confidential filing for a US IPO marks a significant step in its global expansion, potentially valuing the fast-fashion retailer at a staggering $90B.