Shein targets up to $90 billion valuation in US IPO – Bloomberg News

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

(Reuters) – Shein is hoping for a valuation of as much as $90 billion for an eventual U.S. initial public offering, Bloomberg News reported on Monday, citing people familiar with the matter.

(Reporting by Devika Nair in Bengaluru; Editing by Sonia Cheema)

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