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Shein Seeks $30 Billion to $40 Billion Valuation for August IPO, Sources Say
via Business of Fashion · August 4, 2026

Shein Seeks $30 Billion to $40 Billion Valuation for August IPO, Sources Say

The valuation target marks a dramatic reset for Shein, which plans to launch its IPO as early as mid-August, three people familiar with the matter said.

The Story

Shein is seeking a valuation of $30 billion to $40 billion in a Hong Kong initial public offering (IPO) that the online fast-fashion retailer plans to launch as early as mid-August, three people familiar with the matter said.

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