Chinese Fast Fashion Shein Is Valued at a $100B—What Is It Really Worth?
Chinese fast fashion startup Shein was valued at $100 billion at its most recent fundraising round. As the capital market goes south and Shein's business slows down, it may not sustain that valuation for long.
Shein shocked the investing world in April, when venture capitalists valued the fast fashion company at $100 billion. But how long can Shein live up to that sky-high valuation?
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Shein's $100 Billion Valuation Is Fast Fashion's Big Moment