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Shein is targeting a reduced valuation of around $25 billion for its upcoming Hong Kong IPO, down roughly 75% from its 2022 peak of $98.2 billion. The steep discount reflects decelerating revenue gro…
Shein warns EU sales could mirror its U.S. tariff-driven slump ahead of Hong Kong IPO. Profit fell 39% in 2025, Q1 loss $99M, as de minimis removal in EU and U.S. tariffs squeeze margins and growth.
Shein posted a $99M Q1 loss ahead of its Hong Kong IPO, hurt by US de minimis removal, EU import fees, and a one-time accounting charge. Revenue growth slowed sharply amid tariff pressures and regula…
Shein posted a $99M Q1 2026 net loss, reversing a $395M profit, hurt by lost U.S. de minimis exemption, new tariffs, and a $328M preferred-share charge, ahead of its Hong Kong IPO.