According to new reports, Shein, a Chinese fast-fashion company, is considering submitting confidential documents to the London Stock Exchange for a potential listing. If successful, the company is expected to raise over a billion pounds by selling new shares to investors. In early 2021, during its last financing round, Shein was valued at $66 billion.
However, in 2023, Shein had confidentially applied for an IPO in the USA but faced resistance due to allegations of using forced labor and selling goods directly from China to foreign customers without paying import duties. The company, originally founded in China and now based in Singapore, has been under scrutiny for its business practices.
Meanwhile, multiple links have been found that offer a file named “Lottery Jackpot Rush.” These links appear to be associated with various file-sharing platforms. It remains unclear what this file contains and whether it is related to any ongoing investigations into Shein or other companies operating in the fast-fashion industry.
