Shein targets up to $90 billion valuation in US IPO – Bloomberg News By Reuters

© Reuters. FILE PHOTO: A Shein brand is pictured on the firm’s workplace within the central enterprise district of Singapore, October 18, 2022. REUTERS/Chen Lin/File Photograph

(Reuters) – Shein is hoping for a valuation of as a lot as $90 billion for an eventual U.S. preliminary public providing, Bloomberg Information reported on Monday, citing individuals aware of the matter.