SHEIN Confidentially Files for U.S. IPO
Updated Nov. 27, 2023 7:11 pm ET
Shein, the China-founded online fashion company that won over hundreds of millions of shoppers around the world, has confidentially filed to go public in the U.S. in what could be one of the biggest IPOs in years.
According to people familiar with the matter, Goldman Sachs, JPMorgan Chase, and Morgan Stanley have been hired as lead underwriters on the offering, which could happen in 2024.
This move signifies a major step for Shein as it looks to capitalize on its global success and expand its presence in the competitive fashion industry.
More details on Shein’s IPO are expected to be revealed as the process continues.
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