If Shein goes public, it could be at a $90B valuation

TechCrunch Newsletter [TechCrunch logo]( [The Daily Crunch logo]( By [Christine Hall]( Tuesday, November 07, 2023 In today’s top story, Rita writes that Singapore’s controversial fast-fashion giant Shein is reportedly seeking a $90 billion valuation if it ever decides to do an initial public offering. And that’s the deciding factor, really — if an IPO even happens. [Get the scoop](. Meanwhile, check out the curves on the 2025 Ram Ramcharger. Kirsten reports that the Stellantis brand Ram’s electric truck gets its electric vehicle juice from a gas-powered generator. [Whatever you do, don’t call it a plug-in hybrid](. And while we brought you oh so many stories yesterday about OpenAI, Ivan put them all together in a handy-dandy reference guide. [See more](. [ image] Image Credits: Shein More top reads What are ya, Yellow?: New venture capital firm Yellow is betting on Southern Europe. [Read about who’s behind it](. There’s a new unicorn: Enable, a platform for managing B2B rebates, is now worth $1 billion after raising $120 million. [Learn how it got there](. Organize your life: Meet Fabric, a startup with an AI-powered workspace and home for all your information. [Go forth and digitize](. It’s great to have that connection: Integration.app emerged from stealth today to show off its use of large language models to connect apps and services together. [Meet the company](. Where’s Tom?: Former Myspace founders introduce a text-to-video generator that uses your selfie to personalize content. [See how it works](. Mind the overspend: Cast AI, which helps companies optimize cloud spend, lands $35 million. [You can now put away your wallet](. For those who like Paris in the springtime: Summer, which helps customers buy and and rent out vacation homes, raises $18 million. [Here’s how](. Why’d you have to go and make things so complicated?: Sift wants to uncomplicate the way enterprises go about managing telemetry. It now has $7.5 million to be the “digital backbone to the physical world.” [Let the data flow](. Oh, Honey: Google Search and Chrome are getting new tools to help users find discounts. [Wake up, time to shop](. Many happy returns: ReturnGO, with $5 million in fresh capital, now powers product returns for Amazon Multi-Channel Fulfillment. [Read more](. From A to Xpressbees: The Ontario Teachers’ growth fund backs Indian logistics unicorn Xpressbees in an $80 million funding round. [Educate yourself on what Xpressbees does](. Get with the new program: Meta, Discord and others unveil an effort to combat online child sexual exploitation and abuse. [Read more](. ICYMI: WeWork, once worth $47 billion, [filed for bankruptcy](. That prompted Alex to ponder if[WeWork’s core business]( ever actually worked. (TC+) Even more for your Tuesday: [Withings Body Scan review: A smart scale that tracks cardio health, body comp and more]( [Figma sweetens FigJam whiteboard tool with new AI features]( [23andMe data theft prompts DNA testing companies to switch on 2FA by default]( [Spill toasts one year with a $2M seed extension, Kerry Washington and Champagne]( [Congruent starts raising fresh $250M early-stage climate tech fund]( (TC+) [More top reads image] Image Credits: Yellow [Read more stories on TechCrunch.com]( Newest Jobs from Crunchboard - [Senior Product Designer at Murmuration (USA)]( - [Virtualization Engineer / Systems Administrator - Journey at Washington State Department of Natural Resources (Olympia, WA, USA)]( - [Enterprise Systems Integration Manager at Earthjustice (Anywhere)]( - [QA Engineer, Data Validation at Murmuration (USA)]( - [Systems Engineer Specialist - hybrid, Twin Cities metro area candidates only at American Registry of Radiologic Technologists (St Paul, MN, USA)]( [See more jobs on CrunchBoard]( [Post your tech jobs]( and reach millions of TechCrunch readers for only $349 per month. [Facebook]( [Twitter]( [Youtube]( [Instagram]( [Flipboard]( [View this email online in your browser]( [Privacy Policy]( | [Terms of Service]( | [Unsubscribe]( © 2023 Yahoo. All rights reserved. 110 5th St, San Francisco, CA 94103