Get all your news in one place.
100's of premium titles.
One app.
Start reading
Top News
Top News

Shein Investors Offer Stock at 30% Discount in IPO

FILE PHOTO: A Shein logo is pictured at the company's office in the central business district of Singapore

Fashion e-commerce giant, SHEIN, has made headlines once again as investors are looking to sell their stock at a significant discount. According to reports by Bloomberg News, these investors are seeking to offload their shares at a discounted rate of around 30%.

SHEIN has experienced rapid growth over the past few years, becoming one of the world's most popular online fashion retailers. With its affordable prices and trendy designs, the company has attracted a large and loyal customer base globally. This has propelled SHEIN's valuation to an estimated $15 billion, making it a significant player in the fast-paced fashion industry.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.