# The wrinkle in Shein’s IPO plans

An episode of [The Story of Money](https://invisiblenetwork.ai/podcast/1376303362), 12 Jun 2024, 16 min.

Audio: https://sphinx.acast.com/p/acast/s/behindthemoney/e/6668aa01a033650012aec6a9/media.mp3

In November, online fast-fashion giant Shein filed paperwork to go public in the US. Since then the process has not moved forward at all — and it looks like Shein’s ties to Beijing could be to blame. The FT’s China tech correspondent Eleanor Olcott explains how Shein has tried to distance itself from China to appease US regulators, and where it might go public instead. Clips from Reuters, Bloomberg, Yahoo Finance - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading: Shein switches focus to London after New York IPO stalls Shein’s London IPO flirtation Shein profits double to over $2bn ahead of planned listing Fund managers give cool reception to prospect of Shein London IPO - - - - - - - - - - - - - - - - - - - - - - - - - - On X, follow Eleanor Olcott (@EleanorOlcott) and Saffeya Ahmed (@saffeya_ahmed). Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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