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Shein: Behind The Upcoming $90bn IPO

Shein, a company backed by prominent investors including Mubadala, General Atlantic, and Sequoia China, has filed for an initial public offering (IPO) in the United States.

Fashion retailer, Shein, was founded in China in 2012. Photo: Getty Images

Shein aims to become one of the most valuable Chinese-founded companies to list in New York.

Goldman Sachs, JPMorgan Chase, and Morgan Stanley have been chosen as lead underwriters for the IPO.

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