StartupsTechmemeabout 2 hours ago
Shein Hong Kong IPO Raises $1.7B at $26B Cap
1 min read
Shein Global Holdings Ltd. raised $1.7 billion in its Hong Kong IPO, giving it a $26 billion market cap. That is far below its roughly $100 billion valuation in 2022, as growth slows amid tariffs and competition.
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