Shein completed its IPO and trades on Hong Kong Stock Exchange under the ticker 00625. Its market capitalization stands at $27B.
2 valuations. The latest, $27B market cap, was set by the IPO in Sep 2026.
General AtlanticLEADMMubadalaLEAD
TencentLEADHHSGLEAD
Tiger Global ManagementLEAD
IDG CapitalLEADJJAFCO AsiaLEADSSequoia CapitalGeneral AtlanticMubadalaTencentChris Xu founded Shein in Nanjing, China, in October 2008 under the name ZZKKO, and the fast-fashion retailer is now headquartered in Singapore. It sells women's and men's apparel, children's wear, accessories, cosmetics, shoes, and bags online, sourcing production through a Guangzhou network of more than 3,000 suppliers built up since 2012.
The company reported $32 billion in revenue for 2023 after years of rapid growth through social media marketing and constant new-style launches. Shein was valued at $100 billion following a funding round in April 2022, though that valuation had fallen to $30 billion by February 2025.
Shein trades publicly on Hong Kong Stock Exchange as 00625. A brokerage with access to that exchange can buy the shares.
Index and sector funds may hold Shein; a fund's latest schedule of investments lists its holdings.
Valuations, rounds and IPO status for every company in the directory — Shein included.
Yes. Shein is listed on Hong Kong Stock Exchange as 00625.
The last recorded market cap is $27B.
The closest e-commerce / fast fashion peers are on the competitors page.
Shein has already listed; it trades on Hong Kong Stock Exchange as 00625.
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