
💰 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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