Fashion. Shein valued at US$ 100 billion

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5 April 2022 à 17h24

Updated on 8 April 2022 à 11h25

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1 minute

Publication: 5 April 2022 à 17h24, Updated on 8 April 2022 à 11h25

Reading time: 1 minute

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Publication

5 April 2022 à 17h24

Updated on 8 April 2022 à 11h25

Reading time

1 minute

Publication: 5 April 2022 à 17h24, Updated on 8 April 2022 à 11h25

Reading time: 1 minute

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On April 5, 2022, the Chinese pure-player Shein raised up to US$2 billion from existing shareholders of Tiger Global Management and Sequoia Capital China, and also General Atlantic as a new investor.

Following this round, the fast fashion giant is valued at US$100 billion, making it the third most valuable company in the world, after ByteDance (owner of TikTok) and SpaceX, according to CB Insights. While the fast-fashion pure-player was valued at US$15 billion two years ago

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