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Shein’s IPO case rests on the technology behind its fashion business
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Shein’s IPO case rests on the technology behind its fashion business
With Shein’s planned Hong Kong listing appearing to move closer, its disclosure of a post-hearing information pack on July 26 offers a timely opportunity to examine its financial performance. Based on disclosed information, Shein generated revenue of USD 32.103 billion, USD 38.748 billion, USD 41.847 billion, and USD 9.052 billion in 2023, 2024, 2025, and the first quarter of 2026, respectively. Revenue grew at a compound annual growth rate of 1…
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