What is Shein’s targeted valuation in its stock market debut?
Shein is targeting a valuation of roughly $26.8bn (£19.8bn) for its Hong Kong Stock Exchange debut, set to begin on 1 September. That's well below the $100bn valuation it achieved in a 2022 private funding round [1].
Sources
- Shein aims for almost $27bn valuation in stock market debut — BBC World
- Now ‘mansion tax police’ are allowed to snoop in homes and decide whether owners should pay more under Labour — Daily Mail
- Government vows to make business rate valuations for pubs and hotels fairer — The Guardian
- OpenAI calls for California to strengthen its AI safety laws — Engadget
- Rockstar takes GTA 6 leaker’s channels offline after they apparently record themselves playing the game — Destructoid
- OpenAI says California should strengthen its AI safety bill — TechCrunch
Ask your own question on TalkFuse →
Answered by TalkFuse's AI news assistant from our own coverage. Always check the linked sources.