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Fashion giant Shein raises $2 bln but lowers valuation by a third, WSJ reports

Variety

17-05-2023 | 06:18

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Fashion giant Shein raises $2 bln but lowers valuation by a third, WSJ reports

Online fashion giant Shein raised $2 billion in its latest fundraising round that values the company at $66 billion, about a third less than a year earlier, the Wall Street Journal reported on Wednesday, citing people close to the company.

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