BUSINESSQUARTZ
Shein is targeting a $30 billion to $40 billion valuation for its Hong Kong IPO
Shein is targeting a $30 billion to $40 billion valuation for its Hong Kong IPO, a significant decrease from its $98.2 billion valuation in a 2022 private fundraising round.
Related Signal
Adjacent reporting
- Shein is offering $1.1 billion in cash payouts to investors as it prepares for a much cheaper IPO
- Shein Is Said to Target Up to $3 Billion Hong Kong IPO by August
- Shein’s Slowing Growth Risks Weighing on Hong Kong IPO Valuation
- Shein gets regulatory green light for IPO
- Shein wins China's approval for a Hong Kong IPO targeting a $40 billion valuation
- Shein passes hearing for Hong Kong listing as valuation halves to below US$50b, sources say