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Shein slashes its valuation by 25% to around $50 billion for a potential London IPO.
Shein, the online fast-fashion retailer, plans to lower its valuation to about $50 billion for a potential London IPO.
This represents a nearly 25% drop from its previous valuation, according to reports from individuals familiar with the situation.
The reduction reflects a more cautious approach due to current market conditions.
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Shein reduce su valoración en un 25% a alrededor de $50 mil millones para una posible salida a bolsa en Londres.