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Shein Targets Up to $90 Billion Valuation in US IPO, Sources Say

Report: Shein Says It Reached Record Profit in First Half

Shein is touting its hopes for a valuation of as much as $90 billion as it lays the groundwork for an eventual US initial public offering, a level that far exceeds how the fast-fashion giant is valued in private trades, according to people familiar with the matter.

The company has told prospective investors that it’s aiming to fetch a valuation of $80 billion to $90 billion in a listing, the people said. The timing of the share sale remains…


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