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Shein reveals slowing profits and a quarterly loss ahead of Hong Kong IPO

Shein has finally shown investors the numbers. In a draft prospectus filed on July 26, the fast-fashion retailer disclosed annual revenue of $41.8 billion for 2025, up roughly 8% on the year before, alongside a net profit that fell 38.7% to $2.064 billion. Growth, of a sort, bought at a visibly thinner margin. The document, cleared by […]

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Why a ‘Clean’ Property File Isn’t Enough: How Cubictree’s AI Protects Lenders from Hidden Fraud

Fragmented records, unlinked newspaper notices, and manual checks that routinely fail have left India’s lending system exposed. Cubictree’s AI Property Compliant Report is changing that, one property at a time

Gayatri Guha

The file was complete. The legal opinion was clean. The sanction letter

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Multiverse Computing targets a $570m Series C at a $1.7bn valuation to cut AI costs

Spanish deeptech company that shrinks large language models wants investors to bet that efficiency, rather than sheer scale, is where the next stretch of AI money gets made. Multiverse Computing, based in San Sebastián in Spain’s Basque Country, has opened a Series C round targeting up to $570m (€500m), the company said on July 27. […]

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The European operator Eutelsat set to receive $504M under US C-band spectrum plan

Eutelsat is to receive $504 million, about €443 million, for giving up a slice of American airwaves. It is the operator’s share of a compensation package designed to clear satellite firms out of the way of the next big wireless auction in the United States. The payout is tied to the Federal Communications Commission’s order to […]

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