Shein mulls fresh fundraising round at $100bn valuation

Shein app

Chinese fast fashion operator Shein is mulling a fresh fundraising round that could value the business at close to $100bn (£76.2bn) after shelving IPO plans.

The etail giant is in talks with a number of potential investors in a bid to raise $1bn (£762m) in new capital, according to Bloomberg.

 

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