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中文(ZH) 希音披露聆讯后资料集：2025年营收418亿美元

Shein files for Hong Kong IPO, projects $41.8B revenue in 2025

By PulseAugur Editorial · [1 sources] ·

Shein has submitted its post-hearing information to the Hong Kong Stock Exchange, positioning itself for what could be the largest cross-border e-commerce IPO in Hong Kong in 2026. The company reported revenues of $41.8 billion in 2025, with a compound annual growth rate of 14.2% from 2023 to 2025. By the end of 2025, Shein served approximately 273 million active customers across about 160 markets. AI

RANK_REASON Significant IPO filing by a major cross-border e-commerce company. [lever_c_demoted from significant: ic=1 ai=0.1]

Read on 36氪 (36Kr) →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Shein files for Hong Kong IPO, projects $41.8B revenue in 2025

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Significant IPO filing by a major cross-border e-commerce company. [lever_c_demoted from significant: ic=1 ai=0.1]
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Only one publisher covered this so far. Single-source stories can still rank when the publisher is high-authority, but they lack cross-source corroboration.
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funding, product
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Low
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62 days old
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COVERAGE [1]

  1. 36氪 (36Kr) TIER_1 中文(ZH) ·

    SHEIN discloses post-hearing information: 2025 revenue of $41.8 billion

    36氪获悉，7月26日，希音（SHEIN）向港交所披露聆讯后资料集。若顺利挂牌，将成为2026年港股最大的跨境电商IPO。2025年，希音实现总收入418亿美元，2023至2025年复合年均增长率达14.2%；2025年同期实现净利润20.6亿美元。截至2025年底，平台服务约2.73亿活跃客户，业务覆盖约160个市场。

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