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Friday, October 18, 2024

Shein holds talks with the London Stock Exchange.

Fashion & StyleShein holds talks with the London Stock Exchange.

Shein and London Stock Exchange Group did not immediately respond to a request for comment. The firm had confidentially filed to go public in the US. Goldman, Morgan Stanley and JPMorgan Chase have been hired to lead the initial public offering of Singapore-based Shein, and the company could launch its new share sale in 2024, sources said at the time. The company founded in mainland China in 2012 was valued at more than $60 billion in a May funding round, down from a funding round last year.

Shein has filed for a US IPO.

Sources said that Goldman, JP Morgan and Morgan Stanley had been hired to work on the IPO of Singapore-based Shein.

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