Chinese fast fashion e-commerce startup Shein aiming for $100 billion valuation in funding round

On Sunday, a report from Bloomberg states, China’s fast fashion e-commerce startup Shein is aiming for a valuation of around $100 billion, in its latest funding round.

The Chinese online retailer is negotiating with potential investors to raise around $1 billion.

According to sources, Shein’s plan to list in the United States was put on hold following the Russian invasion of Ukraine which made capital markets choppy.

Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Strategy

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