The Explosive Growth of Chinese Shopping App, SHEIN

What we're showing

This chart shows SHEIN's userbase and revenues over the past 5 years.

Key takeaway

SHEIN has quickly become one of the world's biggest fast-fashion companies.

Context

SHEIN is seeking a U.S. IPO in the near future, but faces hurdles stemming from its various ethical controversies.

For example, the U.S. government is investigating SHEIN after it discovered evidence that the company was sourcing materials from China's Xinjiang region. Xinjiang cotton is banned in the U.S. due to China's suspected use of torture and forced labor against the Uyghur ethnic group.