Shein's potential $60b US IPO faces scrutiny over labor practices

NewsPremium

In 50 Words: Shein’s potential $60b US IPO faces scrutiny over labor practices

👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔‍♂️ A friendly human may check it before it goes live. More news here

In 50 Words: Shein’s potential $60b US IPO faces scrutiny over labor practices

Add TIA as a preferred source

Chinese online fast-fashion retailer Shein is considering a potential IPO in the US and has approached at least three investment banks to assist. Its value exceeds US$60 billion which could make it the most valuable China-founded firm to go public in the US since 2021. However, public listing may face opposition due to the company’s controversial labour practices.

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay ahead in Asia’s tech landscape

Stay updated on the go with our mobile app.