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10 February 07:14

Shein lowers its valuation to $50 billion for London listing amid new US tariffs.

Adrian Rusu

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International

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Fast-fashion online retailer Shein will reduce its valuation for its planned listing on the London Stock Exchange to around $50 billion, which is 25% lower than the amount it raised in its last funding round in 2023.

Sources

Retailerul Shein îşi reduce evaluarea la 50 de miliarde de dolari pentru listarea la Londra, pe fondul noilor tarife impuse de SUA

Shein îşi reduce evaluarea la 50 de miliarde de dolari pentru listarea la Londra, pe fondul noilor tarife impuse de SUA

ȘTIRI PE ACELEAȘI SUBIECTE

Economy

Shein reported sales of 2.05 billion pounds in the U.K. in 2024, up 32.3%, but faces legislative changes that could hurt its competitive advantage.

International

BYD's shares have dropped by over 30%, losing 45 billion dollars in market cap, and the strategy to reduce prices raises concerns.

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