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Shein raised $1.7B in its Hong Kong IPO, giving it a $26B market cap, far below its ~$100B valuation in 2022, as growth slows amid tariffs and competition (Charlotte Yang/Bloomberg)

Techmeme
Shein raised $1.7B in its Hong Kong IPO, giving it a $26B market cap, far below its ~$100B valuation in 2022, as growth slows amid tariffs and competition (Charlotte Yang/Bloomberg)
By Charlotte Yang / Bloomberg. View the full context on Techmeme.

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