Shein eyes company valuation of around $25bn, from $98bn four years ago - Irish Examiner

Shein eyes company valuation of around $25bn, from $98bn four years ago Shein is aiming to launch its much-awaited initial public offering later this week Shein clothing for sale. The online fast-fashion retaileris eyeing a company valuation of around $25bn (€21.55bn) in its Hong Kong IPO, down from nearly $100bn four years ago due to challenging business conditions. Mon, 17 Aug, 2026 - 08:30       Online fast-fashion retailer Shein is eyeing a company valuation of around $25bn (€21.55bn) in its Hong Kong IPO, said three people with knowledge of the matter, down from nearly $100bn four years ago due to challenging business conditions. Singapore-headquartered Shein, known for selling €5 dresses and €10 jeans to shoppers in about 160 countries, is aiming to launch its much-awaited initial public offering later this week, Reuters has reported. Read More Mick Clifford: How I almost fell for a possible AI scam Shein opens new Irish warehouse and logistics facility Shein loses copyright lawsuit against rival Temu in key e-commerce ruling One of the three sources said that the company, which was founded in China in 2012, was looking at a valuation of between $25bn and $28bn based on the marketing price band for the offering. The sources declined to be named as they were not authorised to speak to the media ahead of a public announcement of the deal terms. A spokesperson for Shein did not immediately respond to a Reuters request for comment. The latest company valuation target is also lower than $30bn-$40bn that Shein was aiming for at the beginning of this month and soon after it kickstarted investor meetings, Reuters reported on August 4. Some investors, who attended IPO presentations or reviewed recent financial statements, have told Reuters they were not convinced Shein could return to the growth rates that valued it at $98.2bn in a 2022 fundraising round. A lower valuation could weigh on Shein's financials as under the terms of its IPO filing, the company would be required to provide extra shares to certain pre-IPO investors if the valuation falls below agreed thresholds. Reuters Read More Shein profits suffer as tariffs and Middle East war hit hard x Every Match. Every Story. One Ultimate Bundle Already a subscriber? Sign in Explore subscription options No obligation. Ts&Cs apply. CONNECT WITH US TODAY WHATSAPP NEWSLETTERS NOTIFICATIONS Be the first to know the latest news and updates More in this section From Mayfield with love: Rob Horgan continues Velo's coffee mission Luxury West Cork resort Inchydoney Island Lodge returns to profit China’s Pony AI to deploy 2,000 Robotaxis in Europe  Ferrari's first all-EV sells for record €34.5m READ NOW Subscribe Now