Company profile Β· China Β· Fast fashion e-commerce
Shein
Discount$40β50B (IPO target)Down sharply from its $100B 2022 round

About
Shein is a China-founded, Singapore-headquartered fast-fashion e-commerce giant that ships directly to consumers worldwide.
Premium or discount?
Shein's expected Hong Kong IPO is targeting $40β50B β sharply down from its $100B 2022 primary round, making it the tracker's clearest APAC discount example, reflecting tighter global scrutiny of fast-fashion supply chains and slowing growth.
Secondary deal history
| Date | Valuation | vs. last round | Source |
|---|---|---|---|
| Jul 2026 | $40β50B (IPO target) | DiscountDown sharply from its $100B 2022 round | Bloomberg / Yahoo Finance β |
Frequently asked questions
Can I buy secondary shares in Shein?
Retail investors generally cannot buy shares directly. Access typically runs through accredited-investor marketplaces, employee tender programs, or funds that have already built a position β and is subject to the companyβs transfer restrictions and rights of first refusal.
Why did Shein's valuation trade at a discount to its last round?
Shein's expected Hong Kong IPO is targeting $40β50B β sharply down from its $100B 2022 primary round, making it the tracker's clearest APAC discount example, reflecting tighter global scrutiny of fast-fashion supply chains and slowing growth.
Is the valuation on this page an official company valuation?
No. Secondary marks reflect the price a buyer and seller agreed on (or are discussing) in a specific transaction, not a valuation the company itself set. They are a useful demand signal, not an audited or company-endorsed figure.