Sources: Shein had $2B+ of profit and ~$45B of GMV in 2023, ahead of a planned NY or London IPO; documents: Shein had $700M of profit in 2022 and $1.1B in 2021 (Financial Times)

Financial Times:

Sources: Shein had $2B+ of profit and ~$45B of GMV in 2023, ahead of a planned NY or London IPO; documents: Shein had $700M of profit in 2022 and $1.1B in 2021  —  Fast-fashion group is seeking Chinese approval for IPO in New York or London  —  Online fast-fashion giant Shein has more than doubled …