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Shein's IPO Valuation Plummets Ahead of Listing
Businesseconomistcbcstraits-times+1news24-sa1d ago4 sources

Shein's IPO Valuation Plummets Ahead of Listing

Shein's valuation has dramatically decreased by 70% to $45 billion ahead of its anticipated initial public offering. The company plans to compensate pre-IPO investors for the significant drop in valuation.