the number of downloads exceeds that of Amazon, which is a hot c
Shein is on fire! Although most Chinese have never heard of this cross-border e-commerce brand headquartered in Nanjing, China, it has become the second favorite e-commerce among American teenagers in the United States, second only to Amazon. On May 11, fast fashion cross-border e-commerce Shein successfully won the shopping app with the highest download volume on Google platform in the United States. On May 17, Shein even surpassed giant Amazon on the IOS platform in the United States and became the shopping app with the highest download volume of the day. The founder of Shein is Xu Yangtian, born in 1984. In 2020, Sheen's revenue was close to US $10 billion, with revenue growth of more than 100% for eight consecutive years, becoming the cross-border clothing e-commerce with the highest sales in China, with more than 20 million active users per year. Some media reported that Shein's latest round of financing valuation has exceeded 300 billion yuan. The company has begun to prepare for IPO and is expected to submit a listing prospectus in the near future. Shein's popularity also ignited the share price of TEDA shares, a listed company. Although TEDA shares only held a small number。