s SpaceX and TikTok owner ByteDance as one of the world Shein could enter the public markets worth only about a quarter of its peak private valuation, highlighting how dramatically the outlook has changed for the fast-fashion giant as tariffs, regulatory scrutiny and slowing sales take their toll. That represents a striking decline for a company valued at $100 billion just four years ago, and an even sharper reduction from what Shein itself was hoping to achieve only weeks ago. Reuters reported Monday that Shein could launch the IPO later this week and plans to issue as much as 8% of its total shares. The latest valuation target is significantly below the $30 billion to $40 billion range the company was seeking when it began meeting investors earlier this month.