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Shein

Ultra-fast-fashion e-commerce with global on-demand manufacturing supply chain
Shein pioneered ultra-fast fashion with daily new SKUs and a tightly integrated Chinese supply chain. Filed confidential US IPO paperwork in 2023, then pivoted to London listing amid US-China tensions; LSE listing expected in 2026.
Consumer / E-commerce 📍 Singapore Founded 2008
Current Valuation
$50B
as of 2025-Q3
DECACORN

QL Price

$35B
+30% vs last round
QuantLogix's current estimate for Shein, published 2026-10-07 — above the last disclosed round of $27B (2026-08).
Confidence
medium
Basis
blended
What backs this price
Last disclosed round $27B 2026-08 weight 0.88
Secondary market print $27B 2026-06-27 weight 0.54
Public-company comparables $135B 2024 weight 0.11
How this price has held up
No round has priced for Shein since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Shein →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Shein, 2026-10-07 (cd677c372bd94d74). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookfiled

Is Shein going public in 2026?
Yes — Shein has filed for an IPO, with a listing expected in 2026. The filing is the company's own step, not a rumor.
What is Shein's valuation in 2026?
Shein is valued at $50B as of 2025-Q3, set by its Series G ($2.0B, May 2023). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Shein filed an S-1?
Yes. Shein has filed its S-1.
Who are Shein's investors?
Shein's investors include Mubadala, Sequoia China, General Atlantic, Tiger Global, IDG Capital.
How much has Shein raised?
Shein has raised $4.5B in total, most recently a Series G of $2.0B in May 2023.
Is Shein publicly traded — can you buy Shein stock?
Not yet. Shein is private until it lists, so there is no ticker to buy. Before the IPO, exposure is limited to pre-IPO secondary marketplaces and funds (accredited investors) or tender offers; after listing, the shares trade on the exchange under the new ticker.
How to actually get exposure to Shein →
Read the Shein pre-IPO deep dive · 07/06/2026 →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Sky Xu (Chris Xu)
Founded
2008
HQ
Singapore
Employees
~16000
Total Raised
$4.5B
Est. Revenue
$45B (2024)
Growth
~40% YoY
Last Round
Series G — $2.0B (May 2023) · Lead: Mubadala
IPO Status
filed

Fundraising Status

Series G · $2.0B · 3y 5mo ago
filedTotal raised $4.5B

Secondary Market

Implied price / share
$5
Secondary price return by period
Secondary market period returns3-month+6.2%6-month+359%1-year-95.0%All-time-60.0%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series G$2.0BMay 2023Mubadala—

Talent Signal

Hiring trend
▲ Hiring uptrend
+20% vs 2026-08
Open roles
18
via greenhouse
Product-build share
44%
engineering, research, product, design
Trajectory
expanding
balanced build + GTM — 44% builders vs 56% go-to-market/G&A — scaling both sides.
No tracked executive churn; open roles trending up.
Open roles by month
Open roles by month15Aug '2618Sep '26
Open roles by function
Open roles by functionOther5Engineering4Design2Marketing2Legal & Policy2Sales & GTM1Security1Data & ML1
■ product-building   ■ go-to-market / G&A
Database EngineerDigital DesignerSenior Cloud Security EngineerSenior Data EngineerSenior Fashion DesignerSenior Site Reliability Engineer
Counted from Shein's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Chris Xu

Investors

Mubadala · Sequoia China · General Atlantic · Tiger Global · IDG Capital

Products

  • Shein app + web (fashion)
  • Shein Marketplace
  • Shein X (designer collabs)

Competitors

Zara (Inditex) · Temu/PDD (PDD) · Amazon (AMZN) · H&M
E-commerceFashion
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q3. Refreshed quarterly.