Friday, 24 March, 2023

Shein eyes $1B investment as it targets $100B valuation

<p>Shein is reportedly in early talks with potential investors for raising $1B as the fashion e-commerce giant is looking for a $100B valuation by the end of the proposed financing round. This fundraising plan is in early stages and the amount to be raised and valuation could still change, according to some sources. Last May, Shein denied any plans of going public in the short term as it was valued at several billion dollars at that time.</p>