Shein is considering compensating investors who participated in its late-stage funding rounds to lower their effective investment cost ahead of its planned Hong Kong listing, Bloomberg News reported Monday, citing people familiar with the matter.
The online fast-fashion retailer may offer a combination of cash payments and additional Class B shares to participants in its Series Pre-D, Series D and Series D+ rounds, reducing their effective valuation from as high as US$64 billion to about US$40 billion, the people told Bloomberg.
Deliberations are ongoing and no final decisions have been made, the report said.
Shein didn't immediately respond to' request for comment.
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