Shein to pay up to $3.5 billion to select pre-IPO investors around Hong Kong listing

Online fast-fashion retailer Shein will pay up to $3.5 billion to selected existing investors — almost twice the fresh capital it is seeking in an IPO — to help compensate them for a sharp slide in its valuation, ‌its prospectus showed on Monday.

Source: Reuters

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Category General

Source Reuters

Published 1 month ago

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News ID #9,646

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