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Shein launches IPO at a sharply lower valuation — and Europe is central to its success

Euronews

BusinessEuronews·Aug 24, 2026·1 min read

Shein launches IPO at a sharply lower valuation — and Europe is central to its success

Shein is seeking a valuation of up to approximately $27 billion (€23.1bn) in its September flotation on the Hong Kong Stock Exchange, far below its reported peak of $100 billion in 2022. Europe is a key market, but new customs rules and…

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