SHEIN

An online retailer of fashion and lifestyle products, including apparel, footwear, accessories, beauty and home products. The company says it served about 273 million active customers in roughly 160 markets in 2025.

Consumer & mediaOnline fashion and lifestyle retailSingapore, Singapore
FoundersSince 2012
Valuation
$66B
Total raised
$4.1B
Last round · May 2023
Series D+
Founded
2012
Employees
17,751
Quarters in VP50
8

Valuation

$1B$10B$100B20192020202120222023$66B
SHEIN priced rounds
RoundDatePost-money valuationRaisedLed by
Series C+Jan 2019$5.0B$500MUnknown
Series DApr 4, 2022$100B$1.8BUnknown
Series D+May 2023$66B$1.7BGeneral Atlantic, Mubadala, and Sequoia Capital China
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: #33
  2. Q1 2024: #30
  3. Q2 2024: no place
  4. Q3 2024: no place
  5. Q4 2024: no place
  6. Q1 2025: no place
  7. Q2 2025: no place
  8. Q3 2025: no place
  9. Q4 2025: no place
  10. Q1 2026: no place
  11. Q2 2026: no place
  12. Q3 2026: no place
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #30.

Funding rounds

DateRound · leadRaisedValuation
May 2023Series D+ · General Atlantic, Mubadala, Sequoia Capital China$1.7B$66B
Apr 4, 2022Series D$1.8B$100B
Aug 2020Series E——
Jan 2019Series C+$500M$5.0B
Apr 28, 2016Series B$26M—
Feb 17, 2015Series A$5M—

Team

SHEIN | Venture Place