Shein's IPO alternatives look drab. The fast-fashion retailer is eyeing London, Singapore, Hong Kong and other venues as its U.S. listing hits a snag, according to Bloomberg. Those venues might allow the profitable firm's backers to cash out faster. But if Shein is to hit its mooted $90 billion valuation target, New York still outshines the rest.
Anshuman Daga is a Financial Journalist at Reuters. He specializes in covering Southeast Asia's mergers and acquisitions, with a focus on markets in Singapore, Vietnam, and broader Asian financial trends. Anshuman's work has been featured in prominent outlets including Yahoo Finance, The Australian Financial Review, and DealStreetAsia.