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Shein aims for almost $27bn valuation in stock market debut
Shein is aiming for a valuation of nearly $27 billion in its upcoming IPO, planning to raise up to $1.77 billion by offering around 280 million shares. This valuation is a significant drop from its peak of $100 billion in 2022, amidst regul...
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Shein is aiming for a valuation of nearly $27 billion in its upcoming IPO, planning to raise up to $1.77 billion by offering around 280 million shares. This valuation is a significant drop from its peak of $100 billion in 2022, amidst regulatory challenges and concerns over its environmental impact.
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Originally reported by BBC News.
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