Sources: online fast fashion retailer Shein raised between $1B and $2B in a round closed last week, valuing it at $100B; Shein was valued at ~$15B in 2020 (Wall Street Journal)

Wall Street Journal:
Sources: online fast fashion retailer Shein raised between $1B and $2B in a round closed last week, valuing it at $100B; Shein was valued at ~$15B in 2020  —  China-based fast-fashion seller now worth more than H&M and Zara combined  —  Fast-fashion retailer Shein was valued at $100 billion …