SHEIN is a global online fashion retailer founded in 2012. It uses on-demand manufacturing and a fast supply chain to sell low-cost apparel and accessories worldwide.
UpMarket does not offer SHEIN shares. This page covers SHEIN's history before it went public.
Status
Public
the Hong Kong Stock Exchange: 0625, since Sep 2026
Last Private Valuation
Not confirmed
Not confirmed by two independent reputable sources
How to Review SHEIN's Pre-IPO History on UpMarket
SHEIN became a public company on September 1, 2026 and trades on the Hong Kong Stock Exchange as 0625. UpMarket does not offer SHEIN shares. This page covers SHEIN's valuation and funding history before it went public.
Step 01
Check the listing details
SHEIN listed on the Hong Kong Stock Exchange under the ticker 0625 on September 1, 2026.
Step 02
Review the valuation history
See how SHEIN's private-market valuation changed across funding rounds before it went public.
Step 03
Review funding and revenue data
See reported funding rounds and revenue figures on this page, with their sources.
Step 04
Explore private companies
Accredited investors can review UpMarket's current pre-IPO offerings in companies that have not yet gone public.
Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.
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Valuation Growth Over Time
Post-money valuation by round
Previous roundsMost recent
Date
Round
PPS (split-adj.)
Valuation
Why Investors Are Watching Shein
Growth Signal
Shein has raised about $3.19B to fund global expansion
Exa’s funding overview says Shein has raised a total of $3.19B across four funding rounds. The capital has been used to fuel aggressive growth, expand market footprint, and scale technology and operations.
Competitive Moat
Shein’s on-demand model uses data to cut inventory risk
WSJ says Shein monitors clicks, hovers, and cart adds to predict demand, then produces small batches. The company says this helps reduce excess unsold inventory, and its inventory turnover is about twice as fast as H&M and Zara.
Market Opportunity
Shein says U.S. market share reached 40% in fast fashion
WSJ reports Shein controls about 40% of the U.S. fast-fashion market and generated an estimated $8B in U.S. sales last year. The company is also testing a marketplace model to add third-party sellers as it expands internationally.
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Yes. SHEIN became a public company on September 1, 2026 and trades on the Hong Kong Stock Exchange under the ticker 0625. UpMarket does not offer SHEIN shares.
SHEIN's share price is set on the public market under the ticker 0625. The prices shown on this page are historical private-market prices from before it went public.
No. SHEIN is now a public company and UpMarket does not offer its shares. Accredited investors interested in companies that have not yet gone public can review UpMarket's current pre-IPO offerings.
SHEIN is now publicly traded, so its shares can be bought and sold on the Hong Kong Stock Exchange and their price can change significantly. Review SHEIN's public filings and consult a financial advisor before investing. UpMarket does not offer SHEIN shares.
In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.
SHEIN became a public company on September 1, 2026, so shares held before the listing can generally be sold on the public market once any lock-up period ends. The exact terms depend on how the shares are held, for example directly or through a fund.
UpMarket does not offer SHEIN shares. The minimum for most pre-IPO offerings on UpMarket is $50,000.
SHEIN's valuation is now set by its public share price on the Hong Kong Stock Exchange. The figures on this page show its valuation history before it went public.
SHEIN is a global online fashion retailer founded in 2012. It became a public company in Sep 2026. UpMarket does not offer its shares.