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Shein Private Bids Imply $30 Billion Valuation Drop Since April, Sources Say

Shein Private Bids Imply $30 Billion Valuation Drop Since April, Sources Say

Investors looking to sell stakes in Shein are evaluating bids at discounts of about 30 percent to its $100 billion valuation in April, according to people familiar with the matter, amid concern about the Chinese fast-fashion giant’s slowing growth.

While some current shareholders in the private company are considering cashing out ahead of a future initial public offering, the valuation spread between buyers and sellers remains a hurdle to…


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