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Sources: Chinese online fast fashion retailer Shein has been valued at $65B to $85B in private markets in recent months, down from $100B+ in April 2022

Financial Times : Tweets: @_inpractise , @eleanorolcott , and @jchengwsj Tweets: @_inpractise : Shein is pure regulatory arbitrage on two fronts: Avoiding both Beijing reg and European manufacturing and labour standards https://www.ft.com/... https://twitter.com/... Eleanor Olcott / @eleanorolcott : Gen-Z's outfitter Shein, closed funding round in April at just over $100bn valuation, making it the third largest startup. In the intervening months, it has shed up to one third of its value in private stake sales. Scoop with @JFK_America https://www.ft.com/... Jonathan Cheng / @jchengwsj : FT, citing sources: Shein has shed up to one-third of its value in private markets in recent months after reaching a valuation of more than $100bn earlier this year, and is now valued at $65bn-$85bn. “Probably overvalued earlier this year.” @EleanorOlcott https://www.ft.com/...

Financial Times

Discussion

  • @_inpractise @_inpractise on x
    Shein is pure regulatory arbitrage on two fronts: Avoiding both Beijing reg and European manufacturing and labour standards https://www.ft.com/... https://twitter.com/...
  • @eleanorolcott Eleanor Olcott on x
    Gen-Z's outfitter Shein, closed funding round in April at just over $100bn valuation, making it the third largest startup. In the intervening months, it has shed up to one third of its value in private stake sales. Scoop with @JFK_America https://www.ft.com/...
  • @jchengwsj Jonathan Cheng on x
    FT, citing sources: Shein has shed up to one-third of its value in private markets in recent months after reaching a valuation of more than $100bn earlier this year, and is now valued at $65bn-$85bn. “Probably overvalued earlier this year.” @EleanorOlcott https://www.ft.com/...