Fashion giant Shein raises $2 billion but lowers valuation by a third- WSJ

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

(Reuters) – Online fashion giant Shein raised $2 billion in its latest fundraising round that values the company at $66 billion, about a third less than a year earlier, the Wall Street Journal reported on Wednesday, citing people close to the company.

(Reporting by Sheena K Thomas)

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