Home Procurement NewsChina’s Shein set to raise $2 billion in new funding round, aims for U.S. IPO later this year, sources say

China’s Shein set to raise $2 billion in new funding round, aims for U.S. IPO later this year, sources say

March 9, 2023•

Shein cut its valuation to $64 billion in this fundraising, down by a third from a funding round a year ago, according to six sources with knowledge of the matter.

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Last modified: March 9, 2023

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