Chinese online fashion retailer Shein is set to raise around $2 billion in a new funding round this month and is aiming for a US listing in the second half of this year, three people with knowledge of its plans told Reuters.
UAE’s sovereign wealth fund Mubadala is a major investor in this round as are existing investors, private equity firm General Atlantic (GA) and venture capital group Sequoia Capital China, said two of the people and a…