Shein IPO: How to buy shares in Shein?
The fast-fashion giant has filed for an IPO and is expected to list in the U.S. in 2024.
About Shein
With a network of manufacturers and extensive online advertising, Shein has become a leading e-commerce player. The company has filed the paperwork for a confidential IPO with the Securities and Exchange Commission, signalling its plans to go public on a stock exchange in the U.S. in the future.
With a focus on fast fashion, Shein has finetuned logistics and just-in-time production methods to produce very low cost items. The business has grown rapidly since its founding in 2008, quickly closing in on rivals H&M and Zara. The Chinese firm now operates in more than 150 countries and is headquartered in Singapore.
Shein is reportedly targeting a valuation between US$80b and US$90b in 2024. It was valued at US$66b in its latest fundraising round in May 2023. The listing could raise its profile and help the business access more funds to grow further.
Shein operates in a competitive industry, with thin margins. The company has been trying to diversify its offerings beyond clothes and accessories, as well as gaining a stronger foothold in the U.S. The company purchased one third of SPARC Group, the joint venture between Authentic Brands Group and Simon Property Group. This means the firm can now work with another rival, Forever 21, and have access to physical retail spaces.
Shein has a number of regulatory issues that could affect the IPO. It has faced allegations that it uses materials made with forced labour, that there are poor working conditions in its factories and that it has infringed copyright on designs. The fast fashion industry has also been criticised for its environmental damage.
The confidential IPO means few details are currently available, including official information about financials and timing. If the IPO occurs, Shein’s listing documents will be released shortly before the selected date. Investors can keep an eye out for what could become one of the largest listings in several years.
What is the expected Shein share price?
The expected share price of Shein will not be available until the IPO is closer, but it is expected to be one of the biggest IPOs in recent years. The company received a valuation of $US$66b in May 2023 and Bloomberg reported in early November a target of up to US$90b for the float.
What is the Shein IPO date?
There is no date for the Shein IPO just yet, but it will reportedly happen in 2024.
What is the ticker symbol for Shein?
There has been no information on the ticker symbol of Shein. We’ll update this article when more information becomes available.
How to buy shares in Shein?
Shein is not currently listed at this time. When the company does IPO, you can follow the steps below to buy shares in the company.
1. Open a stock investing account
If you want to buy Shein stock when it IPOs, you'll need to with access to U.S.-listed companies. Stake has access to U.S. stock exchanges.
2. Fund your account
Complete an application with your personal and financial details. Fund your account with a bank transfer, debit card or even Apple/Google Pay.
3. Search for Shein
Find the asset by searching for the name or ticker symbol. Do your own research to ensure it is the right investment product for your own circumstances.
4. Choose an order type and buy the asset
Buy on any trading day with a market, limit or stop order. Look into dollar cost averaging to spread out your risk, which smooths out buying at consistent intervals.
5. Monitor your investment
Optimise your portfolio by tracking how the security performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights that affect your shares.
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Get a full U.S. share when you fund Stake Wall St or A$10 trading credit when you fund Stake AUS. Fund both, get both. T&Cs apply.
Shein IPO details
Proposed ticker symbol | Not available at this time |
Company Name | Shein |
Exchange | Not available at this time |
Share price | Not available at this time |
Shares offered | Not available at this time |
We’ll update this article when more information becomes available.
🎓 Learn more: What is an initial public offering and how do they work?→
This does not constitute financial advice nor a recommendation to invest in the securities listed. The information presented is intended to be of a factual nature only. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking financial, legal and taxation advice before investing.
Megan is a markets analyst at Stake, with 7 years of experience in the world of investing and a Master’s degree in Business and Economics from The University of Sydney Business School. Megan has extensive knowledge of the UK markets, working as an analyst at ARCH Emerging Markets - a UK investment advisory platform focused on private equity. Previously she also worked as an analyst at Australian robo advisor Stockspot, where she researched ASX listed equities and helped construct the company's portfolios.
