Shein backers look to sell shares at 30% discount, valuing it as low as US$45 billion amid dimming IPO prospectsUnited States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostThe discount brings the valuation down from US$66 billion during a May 2023 funding round amid tough competition from PDD’s Temu while it also faces political scrutiny in Washington.Read More