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Chinese Fashion Retailer Shein to Relaunch IPO-?

January 26, 2022
Source: tmtpost.com tmtpost.com
News Snapshot:
BEIJING, January 25 (TMTPOST) — Chinese online fashion retailer Shein is considering relaunching its IPO in the United States, two sources familiar with the matter said on Tuesday. Shein will launch its IPO as soon as this year, according to sources. The fast fashion company has hired Bank of America, Goldman Sachs and JPMorgan Chase for the IPO. It is not known how much fund Shein is planning to raise through the IPO. The brand’s founder, a Chinese citizen, is reportedly considering applying for Singaporean citizenship to get around stringent Chinese regulations for offshore IPOs, the sources said. The company...
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