25 Jan Shein backers look to sell shares at 30% discount, valuing it as low as US$45 billion amid dimming IPO prospects
Posted at 07:50h
in Asia
Shein investors are trying to sell shares in private market deals that value the online fashion giant at as low as US$45 billion, reflecting dwindling appetite for a company struggling with intensifying competition and regulatory scrutiny ahead of a long-awaited US debut.Shareholders offered stock at...