Platforma chinezească Shein vrea să se listeze la bursă, la o valoare de 2-3 ori mai mică decât cea din 2023 - StartupCafe

Chinese online retail platform Shein aims for a valuation of $30-40 billion in its upcoming IPO in Hong Kong, significantly lower than previous estimates. The target valuation reflects a major reset from its peak of $98.2 billion in 2022. Shein is focusing on a sustainable post-IPO stock value rather than maximizing its valuation. The company has received approval for its IPO and plans to use the proceeds for technology investments and global brand building. Shein, founded in 2008, has evolved from selling wedding dresses to leveraging data for efficient inventory management.