Chinese Fast-Fashion Giant Shein Eyeing $90 Billion Valuation for US IPO Amid Market Speculations

Shein looks to significantly surpass current private valuation of $50-$60 billion amid IPO speculations, potentially becoming the most valuable Chinese company to go public since Didi Global in 2021, despite facing copyright infringement lawsuits, environmental criticism, and concerns over sourcing labor from Uyghur camps in China.