Fast-fashion ecommerce platform Shein recorded net income of $2.064 billion last year, a draft company prospectus published by Hong Kong’s stock exchange on Sunday showed, ahead of a long-awaited IPO expected in late August or early September.
Shein’s revenue grew 8% in 2025 to $41.8 billion, compared to $38.7 billion in 2024 and $32.1 billion in 2023, the filing showed. However, its net income in 2025 is a 38.7% fall from the $3.365 billion in 2024.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.