Shein now being pitched at below $30bn valuation - reports

Shein website under a magnifying glass

Advisers to the fast-fashion marketplace have been pitching the firm at a valuation 70% below its peak, according to reports in the FT

Shein was valued at a peak of $100bn during a 2022 funding round, but now seems likely to receive a valuation far below that as it prepares for a listing in Hong Kong

 

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