Shein's Valuation Drops Significantly Ahead of IPO
Shein's valuation has plummeted by 70% to R430 billion, leading the company to offer up to $4.4 billion to selected pre-IPO investors. This significant drop comes as the fast-fashion giant prepares for its public listing.
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How Shein came crashing down
The Chinese e-retailer is listing for a quarter of the $100bn at which it was once valued
Read full article →Shein to pay up to $4.4b to selected pre-IPO investors over valuation slide - The Straits Times
Shein to pay up to $4.4b to selected pre-IPO investors over valuation slide The Straits Times
Read full article →Shein valuation drops 70% to R430bn ahead of listing - News24
Shein valuation drops 70% to R430bn ahead of listing News24
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