Shein coming back to India in partnership with Reliance. Everything You Need to Know

[{"selector":"#anim-c230f021-36dc-4db1-9be9-3fd61c70c6b1","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-3d24ce8f-d5bb-42c8-b240-c12fbf79ac63","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Shein coming back to India in partnership with Reliance. Everything You Need to Know

[{"selector":"#anim-a4c1d6ff-e681-411d-a14d-c1fb18b7d056","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-68288b99-8d0d-42b1-af6e-59d9311bb5dc","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] HIGHLIGHTS * Shein is going to make a comeback to India three years after it was banned. * The Chinese fast-fashion retailer has partnered with Reliance Retail to resume operations in India. * Shein was banned in India in 2020 along with 58 other Chinese-linked apps.

[{"selector":"#anim-ea5efc03-d5f5-41ed-ba04-2d1d67997596","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-35fe4271-e2e8-4441-8131-51753c0994f9","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Shein is Making a Comeback With Reliance Shein was one of the most popular shopping platforms in India. It was popular among females. In the latest development, a report suggests that Shein will tie up with Mukesh Ambani -owned Reliance to make its return in India.

[{"selector":"#anim-f7f7c375-8239-447b-a1ba-f924a874c4c1","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-7d60d195-d32b-4d9b-8e2b-f96fd792c67c","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Shein grew to be a popular fast-fashion marketplace and it currently delivers to more than 150 countries. The company was valued at $100 billion after a funding round in April 2022. It reportedly posted $23 billion in sales last year.

[{"selector":"#anim-8afb326c-9c98-4b08-a965-9d3575f634f7","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-89fe4f3e-0844-405e-8806-20cd4d7b6eb3","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The company is however seeing a decrease in growth given its recent fundraising which was $2 billion putting its current valuation at $66 billion , but the company is said to grow by 40 percent this year.chi.