It is reported that cross-border e-commerce platform SHEIN has been approved to go public in London, and the latest valuation is about 50 billion US dollars

On April 11, according to people familiar with the matter, cross-border fast fashion e-commerce company SHEIN has received approval from the UK's Financial Conduct Authority (FCA) to conduct an initial public offering (IPO) in London. This approval marks a key step for SHEIN in advancing the process of listing in London. As early as June 2024, the company has secretly submitted listing application documents to the British regulator.