Shein's Stock Exchange Listing: more Meta than H&M
Sus rivales no son solo las tiendas de ropa, sino cualquier negocio que ofrezca una dosis de dopamina a los usuarios adictos a la pantalla. Leer
Shein's valuation ahead of its Hong Kong IPO is $27 billion, significantly lower than its $100 billion valuation in 2022. The company's growth and profitability are slowing, with revenue growth of only 8% last year and a profit margin of 4.9%. Despite this, Shein claims the online fashion market will grow at 5.5% annually until 2030.
The company's valuation is comparable to that of Inditex and H&M, but its business model is distinct, with no physical stores and a large community of small suppliers. Shein competes not only with fashion retailers but also with businesses that provide addictive digital experiences, such as Take-Two Interactive, DraftKings, and Meta Platforms.
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