Shein has raised $5.3B across 7 funding rounds, plus 1 undated round. The latest round valued Shein at $27B market cap, with Tencent (cornerstone) on the lead line.
Shein was valued at $100 billion following a funding round in April 2022, at the peak of its rapid growth. By February 2025 that valuation had fallen to $30 billion.
7 funding rounds, the latest highlighted.
Shein was founded in 2008, Singapore.
No date is disclosed for this round.
A primary round — the company sells new shares to investors it selects. $5M raised, led by JAFCO Asia.
A primary round — the company sells new shares to investors it selects. $46M raised, led by IDG Capital.
A primary round — the company sells new shares to investors it selects. Led by HSG.
A primary round — the company sells new shares to investors it selects. $500M raised, led by HSG, Tiger Global Management.
A primary round — the company sells new shares to investors it selects.
A primary round — the company sells new shares to investors it selects. $1B raised, led by General Atlantic.
A primary round — the company sells new shares to investors it selects. $1.8B raised, led by Tencent (cornerstone).
Listed company.
7 dated rounds, newest first.
General AtlanticLEADMMubadalaLEAD
TencentLEADHHSGLEAD
Tiger Global ManagementLEAD
IDG CapitalLEADJJAFCO AsiaLEADSSequoia CapitalYes. 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.
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
