Shein își reduce pretențiile pentru debutul pe bursă. Evaluarea vizată este de aproape trei ori mai mică decât în 2022

Shein plans to launch its IPO on the Hong Kong Stock Exchange, targeting a valuation between $30 billion and $40 billion, significantly lower than its previous peak. The company has begun meetings with institutional investors and aims for a listing in late August. Recent financial reports indicate a loss of approximately $99 million, attributed to declining sales and increased competition. Shein is considering strategies to mitigate the impact on previous investors due to the lower valuation. The funds raised will be used for technology investments and brand strengthening globally.