Shein IPO: Is the Chinese retail firm debuting in the US market?

Follow us on Google News:
 Shein IPO: Is the Chinese retail firm debuting in the US market?
Image source: © Iqoncept |
  • Shein put a hold on its plan to be listed in the US market.
  • This is the second time the company has shelved its IPO plan.
  • The US is the largest operating market of Shein.

China-based fashion retail firm Shein has reportedly put on hold its plan to debut in the US equities markets.

It appears that due to the escalating geopolitical turmoil and higher volatile market, Shein could delay its public debut plans.

The recent spike in market volatility is due to various macroeconomic factors like Fed's anticipated multiple rate hikes through this year and the Russia-Ukraine crisis.

Meanwhile, various companies have either postponed or cancelled their plans to go public amid the uncertainties in the market.

Also Read: What is Wolf Game Wool (WOOL) crypto?

However, on Thursday, February 24, the investors seemed to have increased their risk appetite following a sharp loss in the equity market. The Nasdaq Composite Index and S&P 500 closed 3.34% and 1.50% higher.

Also Read: Lemonade touches a 52-week low, what's next for LMND stock?

Is Shein IPO happening in 2022?

When is Shein going public?

Last month, Shein had reportedly reanimated its plan to go public in the US market in 2022. However, it seems that the potential investors will have to wait for some more time.

Also Read: What is Biconomy (BICO) crypto? Know price and performance

Shein's reported IPO plan could suffer due to the volatility in the capital market this year, which has bumped up recently due to the Russia-Ukraine crisis.

Around two years ago, Shein had reportedly prepared for the first time for its IPO but had backed off with its plan due to the increasing US-China turmoil.

It is important to note that Chinese companies face difficulty getting listed on the US stock exchanges.

Last December, Chinese ride-hailing company DiDi said it would delist from the New York Stock Exchange less than six months after its public debut.

Also Read: Travelport IPO: Is the travel-booking firm going public this year?

Bottom line:

Shein, launched in 2008, has evolved into a global online fashion marketplace that targets overseas customers. The US is believed to be its biggest market, and it also provides its services in the European and Asian markets. However, it does not sell its product in China.

The fashion company was reportedly valued at around US$50 billion in early 2021.

Also Read: Akanda Corp IPO: When will the cannabis firm debut? Know details


The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.