China's SHEIN set to raise $2b, eyes US IPO later this year

China's SHEIN set to raise $2b, eyes US IPO later this year

FILE PHOTO: A keyboard and a shopping cart are seen in front of a displayed Shein logo in this illustration picture taken October 13, 2020. REUTERS/Dado Ruvic/Illustration

Chinese online fashion retailer SHEIN is set to raise around $2 billion in a new funding round this month and is aiming for a US listing in the second half of this year, three people with knowledge of its plans told Reuters.