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Chinese fashion platform Shein is shaking up the global fast-fashion industry and challenging the business models of Western competitors like Zara and H M with a sophisticated data strategy. The company already ships to 220 countries. Its market value is estimated at $15 billion – making it one of the most valuable tech startups in the world. However, as the company's profile grows, questions about its production and environmental standard are being raised.
By Frank Sieren
China wants to be the first major economy to introduce a state-owned digital currency. Companies like Alibaba, Tencent, and JD.com support the introduction. The first tests are already underway. Beijing is pursuing a major goal: The e-CNY is supposed to become the new world currency. But the project still has its limits. An interim solution could pave the way.
By Frank Sieren
