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SHEIN
Shein
E-commerce / fast fashion · Singapore · Singapore · Founded · 2008 · ≈ · 16,000 · employees

Shein Valuation: $27B After the Sep 2026 IPO

Public

Shein was last valued at $27B (market cap). It comes from the $1.8B IPO of Sep 2026. Shein is a public company.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Shein valuation · at a glance
Last valuation
$27B
MARKET CAP · SEP 2026
Lead investors
8
across 8 rounds
Raised across rounds
$5.3B
8 rounds
Date of last round
Sep 2026
closed 1 Sep 2026
Valuation history

How the Shein valuation has moved

2 valuations. The latest, $27B market cap, was set by the IPO in Sep 2026.

$27B
Apr 2022
$100B
Private funding round · post-money
Sep 2026
$27BLATEST
IPO · market cap
−73% vs prior valuation
Latest valuation
$27Bmarket cap
Set by the IPO · 1 Sep 2026
×0.3since the $100B Private funding round in Apr 2022
Valuations
2
Priced rounds with a valuation
Event type
Public listing
The IPO · $1.8B raised
Undated: Series G Extension at $66B (post-money).
Funding rounds

Shein rounds and the valuation each one set

8 rounds
Round
Date
Amount
Valuation
Basis
IPO LATEST
1 Sep 2026
$1.8B
$27B
MARKET CAP
Private funding round
5 Apr 2022
$1B
$100B
POST-MONEY
Series E
1 Aug 2020
—
—
—
Series D
1 Jan 2019
$500M
—
—
Series C
1 Jan 2018
—
—
—
Series B
1 Jan 2015
$46M
—
—
Series A
1 Jan 2013
$5M
—
—
Series G Extension
—
$2B
$66B
POST-MONEY
Lead investors
Leads: General Atlantic, HSG, IDG Capital, JAFCO Asia, Mubadala, Sequoia Capital China, Tencent (cornerstone), Tiger Global Management.
Full funding history — Shein profile ›
What the valuation means

What the $27B actually measures

A private valuation is the price agreed in one transaction. The Shein valuation of $27B is a market cap figure from the IPO dated 1 Sep 2026 .

The valuation holds until the next priced round or secondary sale. A private company founded in 2008 with roughly 16,000 people has no daily price and no order book between rounds.

Where the $27B comes from
EventIPO, dated 1 Sep 2026
Basismarket cap
Round size$1.8B
LeadTencent (cornerstone)

Frequently asked questions

Is Shein publicly traded?›

Yes. Shein is listed on Hong Kong Stock Exchange as 00625.

What is Shein's valuation?›

The last recorded market cap is $27B.

Who are Shein's competitors?›

The closest e-commerce / fast fashion peers are on the competitors page.

When will Shein IPO?›

Shein has already listed; it trades on Hong Kong Stock Exchange as 00625.

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