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16 Shein Buys Everlane

The Information
Abram Brown @ The Information 1 place · today 19:18 EDT

Everlane, a San Francisco-based startup that soared during the last decade’s e-commerce boom, will sell itself to Shein, a Chinese discount e-retail giant. The deal values Everlane at $100 million, a far cry from the valuations that it once received at its height. Everlane was among a group of ...

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