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OverviewAPI
Shein, a China-based fast-fashion company, has confidentially filed for an IPO with the help of Goldman Sachs, JPMorgan Chase, and Morgan Stanley. The potential valuation is around $80 billion or $90 billion. Shein faces challenges related to copyright infringement lawsuits and competition from Temu. Despite criticism for labor conditions, it has expanded its distribution centers and manufacturing operations in various regions.

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