Sources: Singapore-based Shein is set to price its Hong Kong IPO at ~$6.20, or near the midpoint of its marketed range, raising $1.73B and valuing it at ~$26.5B
THE SO WHAT
Shein raising ~$1.73B at a ~$26.5B valuation in Hong Kong shows public markets still have appetite for scaled, operationally tight ecommerce—even with regulatory and ESG overhangs. Consumer founders should read this as a reminder that unit economics and supply-chain execution still clear the bar, hype or not.
READ THE SOURCE
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