IPO
Key Metrics
Valuation
$40-50B
As of Jul 31, 2026Value Add Pulse research
Total funding
$3.7B
As of Jul 31, 2026Value Add Pulse research
Company Snapshot
Shein is a Consumer company, based in Singapore, founded 2008 by Chris Xu. Latest valuation $40-50B (As of Jul 31, 2026, Value Add Pulse research). Total funding $3.7B (As of Jul 31, 2026).
Recent changes
- Sep 2, 2026Sep 2, 2026Shein's Hong Kong Debut Keeps Sliding Pulse story
- Sep 1, 2026Sep 1, 2026Shein's Hong Kong Debut Falls 9% on Trade Worries Pulse story
- Aug 25, 2026Aug 25, 2026Shein Prices Hong Kong IPO at $27B, Down 70% From Peak Pulse story
- Aug 24, 2026Aug 24, 2026Shein Targets a $26 Billion IPO Valuation Pulse story
- Jul 31, 2026Jul 31, 2026First reported total funding: $3.7B Value Add Pulse enrichment
Earlier changes (7)
- Jul 31, 2026Jul 31, 2026First reported valuation: $40-50B Value Add Pulse enrichment
- Jul 27, 2026Jul 27, 2026Shein's IPO Prospectus Reveals Slowing Growth Pulse story
- Jul 22, 2026Jul 22, 2026Shein Wins Hong Kong Listing Nod, Eyes Up to $50B IPO Pulse story
- Mar 9, 2023Mar 9, 2023Raised $2B Private equity round CNBC
- Mar 9, 2023Mar 9, 2023New investor: General Atlantic CNBC
- Mar 9, 2023Mar 9, 2023New investor: Sequoia Capital CNBC
- Mar 9, 2023Mar 9, 2023New investor: Mubadala Capital CNBC
Funding History
1 event · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Mar 9, 2023 | Private equity round | $2B | — | outlined = lead | CNBC |
Investors
Latest Pulse
- Sep 2, 2026Shein's Hong Kong Debut Keeps SlidingShein shares fell for a third straight session in Hong Kong, down roughly 13.5% from their IPO price after a $1.74 billion listing valued the fast-fashion giant 70% below its private peak.→
- Sep 1, 2026Shein's Hong Kong Debut Falls 9% on Trade WorriesShein began trading in Hong Kong at a $26.5 billion valuation -- a fraction of its 2022 private mark -- and closed its first day down about 9% on trade and regulatory concerns.→
- Aug 25, 2026Shein Prices Hong Kong IPO at $27B, Down 70% From PeakShein launched its long-delayed Hong Kong IPO at a valuation of roughly $27 billion, a 70% drop from the $98.2 billion private-market mark it carried in 2022, as revenue growth has nearly stalled.→
- Aug 24, 2026Shein Targets a $26 Billion IPO ValuationShein expects to price its long-delayed listing at a valuation around $26 billion, well below the $66 billion mark it carried in its 2023 private round.→
- Jul 27, 2026Shein's IPO Prospectus Reveals Slowing GrowthShein's Hong Kong IPO prospectus disclosed slowing revenue growth and a swing to a quarterly loss, complicating its push for a $40-50 billion valuation.→
- Jul 22, 2026Shein Wins Hong Kong Listing Nod, Eyes Up to $50B IPOShein secured approval from Hong Kong's listing committee for an IPO after already winning Chinese regulatory clearance, setting up a high-stakes debut as soon as September at a valuation of up to $50 billion.→
Coverage Timeline
newest first- Sep 2, 2026IPOShein's Hong Kong Debut Keeps Sliding$1.74B IPO, -13.5% since→
- Sep 1, 2026IPOShein's Hong Kong Debut Falls 9% on Trade Worries$26.5B IPO valuation→
- Aug 25, 2026IPOShein Prices Hong Kong IPO at $27B, Down 70% From Peak→
- Aug 24, 2026IPOShein Targets a $26 Billion IPO Valuation$26B→
- Jul 27, 2026IPOShein's IPO Prospectus Reveals Slowing Growth$40B-$50B Target→
- Jul 22, 2026IPOShein Wins Hong Kong Listing Nod, Eyes Up to $50B IPO$40B-$50B Target→
All Coverage
IPO$1.74B IPO, -13.5% since
Shein's Hong Kong Debut Keeps Sliding
Shein shares fell for a third straight session in Hong Kong, down roughly 13.5% from their IPO price after a $1.74 billion listing valued the fast-fashion giant 70% below its private peak.
DEEP DIVE
IPO
Shein's Hong Kong Debut Falls 9% on Trade Worries
IPO$26.5B IPO valuation
Shein's Hong Kong Debut Falls 9% on Trade Worries
Shein began trading in Hong Kong at a $26.5 billion valuation -- a fraction of its 2022 private mark -- and closed its first day down about 9% on trade and regulatory concerns.
DEEP DIVE
IPO
Shein Prices Hong Kong IPO at $27B, Down 70% From Peak
IPO
Shein Prices Hong Kong IPO at $27B, Down 70% From Peak
Shein launched its long-delayed Hong Kong IPO at a valuation of roughly $27 billion, a 70% drop from the $98.2 billion private-market mark it carried in 2022, as revenue growth has nearly stalled.
FOLLOW-UP
IPO
Shein Targets a $26 Billion IPO Valuation
IPO$26B
Shein Targets a $26 Billion IPO Valuation
Shein expects to price its long-delayed listing at a valuation around $26 billion, well below the $66 billion mark it carried in its 2023 private round.
DEEP DIVE
IPO
Shein's IPO Prospectus Reveals Slowing Growth
IPO$40B-$50B Target
Shein's IPO Prospectus Reveals Slowing Growth
Shein's Hong Kong IPO prospectus disclosed slowing revenue growth and a swing to a quarterly loss, complicating its push for a $40-50 billion valuation.
IPO
Shein Wins Hong Kong Listing Nod, Eyes Up to $50B IPO
IPO$40B-$50B Target
Shein Wins Hong Kong Listing Nod, Eyes Up to $50B IPO
Shein secured approval from Hong Kong's listing committee for an IPO after already winning Chinese regulatory clearance, setting up a high-stakes debut as soon as September at a valuation of up to $50 billion.
Related Companies
Shared investors
Sources & methodologyshow
Where these figures come from
- CNBCmajor outlet1 fact
- Value Add Pulse researchValue Add VC data2 facts
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.