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Shein eyes valuation of $25B in Hong Kong IPO

💰 Shein Eyes Valuation of $25B in Hong Kong

Published by OOPSONLINE.IN · Source: The Manila Times · 1 min read · · Updated

What actually happened

HONG KONG — Online fast-fashion retailer Shein is eyeing a company valuation of around $25 billion in its Hong Kong initial public offering (IPO), said three people with knowledge of the matter, down from nearly $100 billion four years ago due to challenging business conditions.

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