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A Shein logo is pictured at the company's office in the central business district of Singapore, October 18, 2022. Chen Lin
A Shein logo is pictured at the company's office in the central business district of Singapore, October 18, 2022. Chen Lin
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Fashion giant Shein raises $2 billion but lowers valuation by a third, WSJ reports

May 17th, 2023 | 09:37 AM BUSINESS Retail & Consumer 1

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By Reuters

Online fashion giant Shein raised $2 billion in its latest fundraising round that values the company at $66 billion, about a third less than a year earlier, the Wall Street Journal reported on Wednesday, citing people close to the company.

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