Chinese e-commerce giant Shein reported a net loss of $99 million for the first quarter of this year, according to the company's filing ahead of its planned listing on the Hong Kong Stock Exchange. Israeli media outlet N12 reported the figures.
Chinese e-commerce giant Shein reported a net loss of $99 million for the first quarter of 2026, according to the company's filing ahead of its planned IPO on the Hong Kong Stock Exchange. The information was reported by Israeli media outlet N12. The loss comes as Shein continues its preparations for a public listing, with the company targeting a valuation of several tens of billions of dollars.
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