CNN
@CNN·19.2M subscribers·185.1K videos
Inside Shein's discounted IPO haul
Posted
August 12, 2026
Views
3,988
Likes
52
Engagement
1.30%
August 12, 2026
3,988
52
1.30%
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1:39Now PlayingShein, the fast fashion company once valued at nearly $100 billion in a private funding round, is pitching to investors at a valuation of under $30 billion for its initial public offering in Hong Kong, according to the Financial Times. CNN’s Kristie Lu Stout breaks down the reasons behind the e-commerce darling’s steep drop in valuation. #CNN #News
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