A Shein IPO would be testament to a retailer built at warp speed to gargantuan scale, but in current conditions investors may question how strong its prospects are as established digital giants retrench and new competitors emerge.
Last month Shein raised $2bn (£1.6bn) in new funding and is preparing for an IPO in the second half this year, Reuters reported. On the face of it, the online fashion colossus would seem like a compelling story for investors.‘
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