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Shein

Ultra-fast-fashion e-commerce with global on-demand manufacturing supply chain
Consumer / E-commerce 📍 Singapore Founded 2008
Current Valuation
$50B
as of 2025-Q3
DECACORN
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.

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

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-commerceFashionDecacorn
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.