The initial public offering (IPO) world is buzzing on news Singapore-based fast-fashion retailer Shein has filed confidential paperwork to go public in the U.S. While details are sparse, reports suggest that the company could see its stock start trading as soon as 2024.
Shein was founded in China in 2012 and has quickly become a hot-spot for cheap fashion. The e-commerce company moved its headquarters to Singapore in late 2021, with media reports speculating this was done to bypass China's stringent rules on overseas listings.
