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Fast Fashion Online Retailer Shein In Talks to Raise $1 Billion at $100 Billion Valuation

By
Shai Oster
· · Source: Bloomberg

Fast fashion online retailer Shein is in talks with investors to raise $1 billion at a valuation of $100 billion. If successful, that would make the privately held company more valuable than H&M and Zara combined. Bloomberg said potential investors include General Atlantic. Existing investors are Tiger Global, IDG and Sequoia Capital China. Earlier this year, Shein shelved plans to...

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