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Chinese fashion company Shein looking to raise funding at $100 Bn valuation

  • Shein, a Chinese fast fashion e-commerce startup, is considering a $100 billion funding round.

  • The online retailer is in discussions with potential investors to raise approximately $1 billion.

  • The valuation exceeds the combined value of H&M and Zara.

  • Shein is the online-only retailer of low-cost clothing, beauty, and lifestyle items that adds over 6,000 new items every day.