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127 new news items in the last 24 hours
  1. Home
  2. International

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

Adrian Rusu
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10 February 2025, 07:14
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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

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Economedia
Retailerul Shein îşi reduce evaluarea la 50 de miliarde de dolari pentru listarea la Londra, pe fondul noilor tarife impuse de SUA
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G4Media
Shein îşi reduce evaluarea la 50 de miliarde de dolari pentru listarea la Londra, pe fondul noilor tarife impuse de SUA

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NEWS ON THE SAME TOPICS

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The Shein group could be valued at nearly 25 billion dollars
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Shein raised 1.7 billion dollars at its listing in Hong Kong. The online retailer was valued at 26.3 billion dollars, below previous expectations.
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International
Shein, the online shopping platform, announces that the 3 euro fee applied to packages from outside the EU affects orders and will lead to price increases.
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China is calling on France to suspend its anti-ultra-fast-fashion law, which imposes taxes of up to €20 per item
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Amazon raised £4.25 billion through its first bond issuance in the British currency, for investments in artificial intelligence
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China scrutinizes humanoid robot manufacturers’ listings more strictly after stock collapses and doubts about actual revenues
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