China-founded, Singapore-headquartered online fast-fashion retailer selling low-priced apparel and accessories to shoppers in around 160 countries. It runs a test-and-reorder supply chain that caps initial production at 100-200 units per design and scales against live sell-through data.
1StartupFox story
E-commerceSector
Aug 2026Latest coverage
Funding
Shein has raised $1.7M across 1 disclosed round, most recently a IPO in Sep 2026.
$1.7MRaised
IPOLatest round · Sep 2026
$26BValuation
1Event
Chart appears once 2 more funding rounds are recorded — below that a chart shows less than the table does.
~$26B at HK$48.56 a share
Sep 2026IPO$1.7MPublic issue, HKEX. Cornerstone investors: Boyu Capital, Tiger Global, General Atlantic, Tencent, Greenwoods, Taikang Life, UBS Asset Management ~$26B at HK$48.56 a share
Investor roster
Every disclosed backer and how often they've written a cheque — repeat names are the strongest conviction signal on the cap table.
New · Latest leadPublic issue1 round · 2026
General Atlantic1 round · 2026
Greenwoods1 round · 2026
HKEX. Cornerstone investors: Boyu Capital1 round · 2026
Taikang Life1 round · 2026
Tencent1 round · 2026
Tiger Global1 round · 2026
UBS Asset Management1 round · 2026
Aggregated automatically from the disclosed rounds above.
The Shein journey
Jul 2026 · milestone
The China Securities Regulatory Commission approves a Hong Kong listing, after earlier attempts to go public in New York and London failed over supply-chain transparency, data ownership and regulatory approval. ↗
Aug 2026 · ipo
Prices its Hong Kong IPO at HK$48.56 a share, raising about $1.74 billion at a valuation near $26 billion, roughly 73 per cent below the $98.2 billion it carried in a 2022 private round. ↗
Sep 2026 · funding
IPO — $1.7M, led by Public issue.
IPO Watchconfirmed
StatusListing on HKEX from 1 September 2026, code 00625
Priced at HK$48.56, the midpoint of a HK$47.60-49.50 range, raising HK$13.60 billion. Hong Kong tranche covered 5.63x, international 2.59x. Goldman Sachs, Morgan Stanley and JPMorgan were joint sponsors. Source ↗
The rest of Shein's profile is free
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China-founded, Singapore-headquartered online fast-fashion retailer selling low-priced apparel and accessories to shoppers in around 160 countries. It runs a test-and-reorder supply chain that caps initial production at 100-200 units per design and scales against live sell-through data.
How much funding has Shein raised?
Shein has raised $1.7M across 1 disclosed round. The most recent was a $1.7M IPO in Sep 2026.
Who are Shein's investors?
Disclosed investors in Shein include Public issue, HKEX. Cornerstone investors: Boyu Capital, Tiger Global, General Atlantic, Tencent, Greenwoods, Taikang Life, UBS Asset Management.
What is Shein's valuation?
Shein was last reported at ~$26B at HK$48.56 a share, at the time of its IPO in Sep 2026.
What is the status of the Shein IPO?
Listing on HKEX from 1 September 2026, code 00625.
What is the latest news on Shein?
The most recent StartupFox coverage is “Shein Priced At A Quarter Of Peak While A Robotics Firm Beside It Was 3,842x Oversubscribed” (31 August 2026). All stories are listed on this page.
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