Although Shein has increased the lobbying budget over the past 18 months, a future I.P.O. in Wall Street has been delayed. On both sides of the Pacific, the group is the subject of compliance investigations, amid a backdrop of tension between the U.S.A. and China.
After filing a confidential I.P.O. application with the U.S. SEC in November 2023, Shein (valued at US$66 billion at the last fundraising in 2023) has still not received a response.
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Article authors
Sophie Baqué
Chief Editor of mind Retail