Shein Prepares for IPO at $27 Billion USD Valuation
SummaryShein has officially launched its global offering seeking to raise up to $1.77 billion USD on the Hong Kong Stock ExchangeThe ultra-fast-fashion company is targeting a valuation of roughly $27 billion USD ahead of its planned September 1 trading debutThe public offering comes as the company navigates slowing growth shifting global trade policies and increased fulfillment expensesShein has officially launched its global offering, setting the stage for an initial public offering on the Hong...
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