Shein eyes valuation of around $25 billion in Hong Kong
- Singapore-Headquartered Shein is eyeing a valuation of around $25 billion for its Hong Kong IPO, aiming to launch the offering later this week.
- Challenging business conditions have forced Shein to lower its target, down from a $98.2 billion valuation in a 2022 fundraising round.
- Investors who attended IPO presentations have expressed doubts about Shein returning to previous growth rates, with the current target below the $30 billion-$40 billion range sought earlier this month.
- Under the terms of its IPO filing, Shein must provide extra shares to certain pre-IPO investors if the valuation falls below agreed thresholds.
- Founded in China in 2012, Shein now operates in about 160 countries, selling affordable items like $5 dresses and $10 jeans.
47 Articles
47 Articles
The Chinese low-cost fashion provider wants to start the stock market in August. Growth has stalled recently. At the beginning of the year, they even wrote red numbers.
Shein Global Holdings would seek to reach a valuation of between $26,000 and $27 billion in its public offer in Hong Kong, according to sources close to the issue to Bloomberg, which would represent a considerable drop from the maximum value of about $100 billion (86,420 million euros) that reached ... Continue reading "Shein adjusts downwards its valuation expectation for its exit to the Hong Kong Stock Exchange" The post Shein adjusts downward…
The fast fashion retailer Shein seeks an assessment between US$ 26 billion and US$ 27 billion in her initial public stock offer in Hong Kong, according to people on the subject, a strong drop from the maximum value already achieved by the company. The company intends to capture about US$ 2 billion in the IPO, people said, who asked for anonymity for dealing with confidential information. The company had been canvassing the interest of investors …
Shein prepares her entry into the stock exchange, but between customs fees, sales slowdown, and ongoing regulatory processes, its value is no longer what it was. Know what will change in this episode of the Economy day by day, daily podcast of the Express
DECRYPTAGE - The ultra-fast fashion specialist should take his first steps on Hong Kong Square this week. This introduction could value him four times less than in 2022.
The Asian fashion giant 'online', Shein, lowers its aspirations in the face of the potential market outlet. The company now aspires to a valuation of between $26,000 and $27 billion in its initial public offer (OPI) in Hong Kong, compared to the $30 billion that it came up with. The company intends to raise about $2 billion with OPI, as Bloomberg advances. Existing shareholders could assume up to about half of the operation, according to people …
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