Shein valued at $100 billion in funding round

Fast fashion retailer Shein was valued at $100 billion in a recent funding round, according to people familiar with the matter, making the China-based clothing retailer one of the world’s most valuable private companies.

The funding round, which ended last week, raised between $1 billion and $2 billion for Shein, the sources said. Private equity firm General Atlantic participated in the funding round, which included former Shein investors Tiger Global Management and Sequoia Capital China.


Wj

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