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Shein, operated by Nanjing Xiyin Electronic Commerce Co., Ltd., is a fashion and lifestyle e-retailer based in Nanjing, China.
Founded in 2012 by CEO Chris Xu and based in Nanjing, China, Shein sells women's, men's and children's clothing, shoes, accessories and other fashion products through 11 self-owned brands. It serves customers in more than 150 countries and regions and works with a network of manufacturing partners and suppliers. In May 2023 the company raised USD 2 billion co-led by Mubadala Investment Company, with General Atlantic and Sequoia Capital China returning, at a post-money valuation of USD 66 billion. Revenue in 2022 was USD 23 billion.
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