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This is nearly 25% lower than Shein's valuation from the previous financing round, which the retailer held in 2023, according to Reuters: at that time, it was $66 billion. That valuation was one-third less than in the prior round: in 2022, the retailer had a valuation of $100 billion.
Shein's future has recently been threatened by U.S. President Donald Trump's cancellation of the de minimis rule, permitting exporters to deliver packages valued under $800 to the nation without incurring duties. This regulation allowed Shein to maintain low prices on products. Analysts stated that its repeal might adversely affect the retailer's profitability and result in increased prices for the products it offers in the U.S., its primary market.
The Reuters source mentioned that assessing the impact will take some time because the rule was recently repealed. He mentioned that the ultimate valuation of Shein at its IPO will be influenced by them. Shein did not reply to Reuters' inquiry for a statement.
source: reuters.com
Shein's future has recently been threatened by U.S. President Donald Trump's cancellation of the de minimis rule, permitting exporters to deliver packages valued under $800 to the nation without incurring duties. This regulation allowed Shein to maintain low prices on products. Analysts stated that its repeal might adversely affect the retailer's profitability and result in increased prices for the products it offers in the U.S., its primary market.
The Reuters source mentioned that assessing the impact will take some time because the rule was recently repealed. He mentioned that the ultimate valuation of Shein at its IPO will be influenced by them. Shein did not reply to Reuters' inquiry for a statement.
source: reuters.com
