business

Sheins valuation would top H&M and Zara combined with $1 billion funding

Sheins valuation would top H&M and Zara combined with $1 billion funding

  • Chinese fashion e-commerce startup Shein is in talks to raise $1 billion and could do so at a valuation that would be more than the combined worth of H&M and Zara
  • Shein is seeking a valuation of about $100 billion, Bloomberg reported
  • Following the funding, Shein would become the worlds most-valuable startup after ByteDance and SpaceX, as per CB Insights
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business 2022-04-13 Inshorts