Sources: Shein's shareholders offered to sell stock on the private market at $45B-$55B valuation in late 2023, down from Shein's ~$66B valuation in May 2023 (Bloomberg)

Bloomberg:

Sources: Shein’s shareholders offered to sell stock on the private market at $45B-$55B valuation in late 2023, down from Shein’s ~$66B valuation in May 2023  —  – Investors trying to sell in recent months but few takers  — Sliding offer prices cast a cloud on much-anticipated US IPO