{"id":1636,"date":"2024-06-26T02:29:12","date_gmt":"2024-06-26T02:29:12","guid":{"rendered":"https:\/\/pub.wethrift.com\/?p=1636"},"modified":"2024-07-18T15:58:45","modified_gmt":"2024-07-18T15:58:45","slug":"shein-statistics","status":"publish","type":"post","link":"https:\/\/pub.wethrift.com\/shein-statistics\/","title":{"rendered":"Shein Statistics: Revenue, Growth, Market Share &amp; Users in 2024"},"content":{"rendered":"\n<p>In 2008, Chinese billionaire Chris Xu established ZZKKO, an e-commerce store that sold wedding dresses. However, in 2015, the brand was given a makeover, and fast fashion giant Shein (pronounced <em>She-In<\/em>) was born.<\/p>\n\n\n\n<p>Less than ten years later, <a href="\&quot;https:\/\/www.wethrift.com\/shein\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Shein<\/a> sells to customers in over 150 countries and holds the largest percentage of the fast-fashion market share globally.<\/p>\n\n\n\n<p>Read on to find out more about Shein\u2019s meteoric rise to the top, how it\u2019s cornered the fast fashion market, and how it continues to grow despite <a href="\&quot;https:\/\/www.wethrift.com\/p\/is-shein-legit\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">ongoing controversy<\/a> over its manufacturing and business practices.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Top 2024 Shein Statistics<\/h2>\n\n\n\n<ul>\n<li>By January 2024, the Shein <strong>app<\/strong> had been <strong>downloaded more than 262 million times.<\/strong> (<a href="\&quot;https:\/\/www.statista.com\/statistics\/1283317\/shein-group-number-of-app-downloads-worldwide\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Statista<\/a>)<\/li>\n\n\n\n<li>Shein has over <strong>8.8 million users worldwide<\/strong>. (<a href="\&quot;https:\/\/www.businessofapps.com\/data\/retail-app-report\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Business of Apps Retail App Report<\/a>)<\/li>\n\n\n\n<li>The fast fashion platform is <strong>worth an estimated $68 billion<\/strong>. (<a href="\&quot;https:\/\/www.businessofapps.com\/data\/retail-app-report\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Business of Apps Retail App Report<\/a>)<\/li>\n\n\n\n<li>The hashtag <em><strong>#Shein<\/strong><\/em> has garnered over <strong>84.4 billion views on TikTok<\/strong>. (<a href="\&quot;https:\/\/www.tiktok.com\/tag\/shein\&quot;" rel=\"nofollow noopener\" target=\"_blank\">TikTok<\/a>)<\/li>\n\n\n\n<li>Shein\u2019s <strong>sales and market share exceed competitors<\/strong> such as H&amp;M, Fashion Nova, ZARA, and ASOS. (<a href="\&quot;https:\/\/secondmeasure.com\/datapoints\/fast-fashion-market-share-us-consumer-spending-data-shein-hm-zara\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Bloomberg Second Measure<\/a>)<\/li>\n\n\n\n<li><strong>In 2023<\/strong>, Shein generated an estimated <strong>$32.5 billion in revenue<\/strong>. This is a<strong> 43% increase <\/strong>from 2022\u2019s $22.7 billion. (<a href="\&quot;https:\/\/www.businessofapps.com\/data\/retail-app-report\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Business of Apps Retail App Report<\/a>)<\/li>\n\n\n\n<li>In <strong>June 2024<\/strong>, Shein <strong>increased prices by as much as a third on core products<\/strong> in an attempt to boost revenues ahead of its IPO. (<a href="\&quot;https:\/\/www.reuters.com\/business\/retail-consumer\/fast-fashion-retailer-shein-hikes-prices-ahead-ipo-2024-06-13\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Reuters<\/a>)<\/li>\n\n\n\n<li>Shein has <strong>88.8 million active shoppers<\/strong>, with <strong>17.3 million in the US<\/strong>. (<a href="\&quot;https:\/\/www.businessofapps.com\/data\/retail-app-report\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Business of Apps Retail App Report<\/a>)<\/li>\n\n\n\n<li>Shein adds as many as <strong>10,000 new items<\/strong> on its website daily. (<a href="\&quot;https:\/\/www.npr.org\/2023\/10\/13\/1204983212\/shein-america-fast-fashion-legal-issues\&quot;" rel=\"nofollow noopener\" target=\"_blank\">NPR<\/a>)<\/li>\n\n\n\n<li>In March 2024, <strong>iOS Shein app downloads<\/strong> reached around <strong>3.2 million<\/strong>, while <strong>Android<\/strong> devices accounted for about <strong>1.7 million<\/strong>. (<a href="\&quot;https:\/\/www.statista.com\/statistics\/1214207\/monthly-shein-downloads-in-the-us\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Statista<\/a>)<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"1000\" src=\"https:\/\/pub.wethrift.com\/wp-content\/uploads\/2024\/06\/Shein-Annual-Users.png\" alt=\"\" class=\"wp-image-1634\" style=\"width:840px;height:auto\" srcset=\"https:\/\/pub.wethrift.com\/wp-content\/uploads\/2024\/06\/Shein-Annual-Users.png 1500w, https:\/\/pub.wethrift.com\/wp-content\/uploads\/2024\/06\/Shein-Annual-Users-300x200.png 300w, https:\/\/pub.wethrift.com\/wp-content\/uploads\/2024\/06\/Shein-Annual-Users-1024x683.png 1024w, https:\/\/pub.wethrift.com\/wp-content\/uploads\/2024\/06\/Shein-Annual-Users-768x512.png 768w\" sizes=\"(max-width: 1500px) 100vw, 1500px\" \/><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\">2024 Shein Revenue Facts &amp; Figures<\/h2>\n\n\n\n<p>Since 2020, Shein has experienced an incredible upward surge in revenue. The following statistics and figures reveal just how big the e-commerce giant has become in such a short period of time:<\/p>\n\n\n\n<ul>\n<li>Shein more than doubled its <strong>profits<\/strong> in 2023 to <strong>over $2 billion<\/strong>. (<a href="\&quot;https:\/\/www.ft.com\/content\/702223df-2e52-4e62-8f7c-93695a100d9b\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Financial Times<\/a>)<\/li>\n\n\n\n<li>By the end of 2023, the total <strong>value of goods sold<\/strong> on Shein was approximately <strong>45 billion<\/strong>. (<a href="\&quot;https:\/\/www.ft.com\/content\/702223df-2e52-4e62-8f7c-93695a100d9b\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Financial Times<\/a>)<\/li>\n\n\n\n<li>The <strong>average cost<\/strong> of Shein-branded clothing in the <strong>UK is \u00a37.90<\/strong>. (<a href="\&quot;https:\/\/www.bbc.com\/news\/articles\/cp991n2v0m2o\&quot;" rel=\"nofollow noopener\" target=\"_blank\">BBC<\/a>)<\/li>\n\n\n\n<li>In <strong>2024<\/strong>, Shein is forecast to generate <strong>$48 billion in online revenue<\/strong>. (<a href="\&quot;https:\/\/ecommercedb.com\/insights\/shein-business-strategy-growth-competition\/4708\&quot;" rel=\"nofollow noopener\" target=\"_blank\">ECDB<\/a>)<\/li>\n\n\n\n<li>The average Shein <strong>customer<\/strong> has an <strong>annual income of $63,500<\/strong> and <strong>spends<\/strong> an average of <strong>$100<\/strong> on women\u2019s clothing. (<a href="\&quot;https:\/\/www.businessinsider.com\/shein-average-shopper-spends-100-month-womens-clothing-2023-6\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Business Insider<\/a>)<\/li>\n\n\n\n<li>Globally, Shein is <strong>one of the highest valued unicorn<\/strong> companies in <strong>2024<\/strong>. (<a href="\&quot;https:\/\/www.statista.com\/statistics\/407888\/ranking-of-highest-valued-startup-companies-worldwide\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Statista<\/a>)<\/li>\n\n\n\n<li>Compared to <strong>June 1, 2023<\/strong>, Shein\u2019s average<strong> price hikes<\/strong> in the last year <strong>exceed rivals ZARA<\/strong> and <strong>H&amp;M<\/strong>. (<a href="\&quot;https:\/\/www.reuters.com\/business\/retail-consumer\/fast-fashion-retailer-shein-hikes-prices-ahead-ipo-2024-06-13\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Reuters<\/a>)<\/li>\n\n\n\n<li>In <strong>2024<\/strong>, the average <strong>cost of a dress<\/strong> on Shein has jumped by <strong>28%<\/strong> to $28.51 in the <strong>US<\/strong>. (<a href="\&quot;https:\/\/www.reuters.com\/business\/retail-consumer\/fast-fashion-retailer-shein-hikes-prices-ahead-ipo-2024-06-13\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Reuters<\/a>)<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Shein User Statistics In 2024<\/h2>\n\n\n\n<p>With over 53 million users worldwide, there are certain trends and patterns that have emerged. In 2024, these are user statistics that stand out.<\/p>\n\n\n\n<ul>\n<li><strong>iOS devices<\/strong> are the most-used to download the Shein app. In March 2024, <strong>3.2 million downloads<\/strong> were made from iPhones and iPads. (<a href="\&quot;https:\/\/www.statista.com\/statistics\/1214207\/monthly-shein-downloads-in-the-us\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Statista<\/a>)<\/li>\n\n\n\n<li>In 2024, <strong>desktops<\/strong> drive <strong>34.58% of visits<\/strong> to Shein, while <strong>mobile<\/strong> devices are used by <strong>65.42%<\/strong> of visitors. (<a href="\&quot;https:\/\/www.semrush.com\/website\/shein.com\/overview\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">SEMRUSH<\/a>)<\/li>\n\n\n\n<li>Shein\u2019s user base is made up of <strong>64% women<\/strong> and <strong>36% men<\/strong>. (<a href="\&quot;https:\/\/www.statista.com\/statistics\/1361351\/distribution-shein-website-visitors-gender\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Statista<\/a>)<\/li>\n\n\n\n<li>By the end of 2023, over <strong>30%<\/strong> of Shein\u2019s user base is <strong>aged 25-34 years old<\/strong>, while <strong>20.92% <\/strong>are <strong>35 to 44 years old<\/strong>. (<a href="\&quot;https:\/\/www.statista.com\/statistics\/1361345\/distribution-shein-website-visitors-age\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Statista<\/a>)<\/li>\n\n\n\n<li>Only <strong>6.11%<\/strong> of Shein users are aged <strong>65 and above<\/strong>. (<a href="\&quot;https:\/\/www.similarweb.com\/website\/shein.com\/#interests\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Similar Web<\/a>)<\/li>\n\n\n\n<li><strong>One out of every three<\/strong> shoppers on <a href="\&quot;http:\/\/Shein.com\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Shein.com<\/a> is a <strong>Millennial<\/strong>. (<a href="\&quot;https:\/\/www.similarweb.com\/website\/shein.com\/#interests\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Similar Web<\/a>)<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"1000\" src=\"https:\/\/pub.wethrift.com\/wp-content\/uploads\/2024\/06\/Global-visitors-to-shein.com_.png\" alt=\"\" class=\"wp-image-1633\" srcset=\"https:\/\/pub.wethrift.com\/wp-content\/uploads\/2024\/06\/Global-visitors-to-shein.com_.png 1500w, https:\/\/pub.wethrift.com\/wp-content\/uploads\/2024\/06\/Global-visitors-to-shein.com_-300x200.png 300w, https:\/\/pub.wethrift.com\/wp-content\/uploads\/2024\/06\/Global-visitors-to-shein.com_-1024x683.png 1024w, https:\/\/pub.wethrift.com\/wp-content\/uploads\/2024\/06\/Global-visitors-to-shein.com_-768x512.png 768w\" sizes=\"(max-width: 1500px) 100vw, 1500px\" \/><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\">Shein\u2019s 2024 Growth Statistics<\/h2>\n\n\n\n<p>With sales and market share already exceeding competitors such as H&amp;M and ZARA, as well as a stake in Forever 21, Shein\u2019s growth continues to be impressive. Here\u2019s how they stack up in 2024.<\/p>\n\n\n\n<ul>\n<li>In 2024, Shein has <strong>over 5400 suppliers<\/strong> based mostly in <strong>Guangzhou, China<\/strong>. (<a href="\&quot;https:\/\/www.reuters.com\/business\/retail-consumer\/fast-fashion-retailer-shein-hikes-prices-ahead-ipo-2024-06-13\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Reuters<\/a>)<\/li>\n\n\n\n<li>Expanding its <strong>homewares<\/strong> and <strong>beauty categories<\/strong> has increased Shein\u2019s global appeal. (<a href="\&quot;https:\/\/www.globaldata.com\/media\/retail\/shein-became-worlds-largest-apparel-retailer-2023-proves-unbeatable-price-speed-says-globaldata\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Global Data<\/a>)<\/li>\n\n\n\n<li>Shein now works with over <strong>13,000 content creators<\/strong> around the globe. (<a href="\&quot;https:\/\/www.storyclash.com\/blog\/en\/shein-germany-influencer-marketing\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Storyclash<\/a>)<\/li>\n\n\n\n<li>Shein is the <strong>most-mentioned brand on TikTok<\/strong>, with <strong>134,000<\/strong> influencer mentions. (<a href="\&quot;https:\/\/www.statista.com\/statistics\/1256499\/brands-tiktok-mentions\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Statista<\/a>)<\/li>\n\n\n\n<li>Only <strong>44%<\/strong> and <strong>37% <\/strong>of Shein&#8217;s collaborations on <strong>Instagram<\/strong> and <strong>TikTok<\/strong> respectively are <strong>one-time influencer collaborations.<\/strong> (<a href="\&quot;https:\/\/www.storyclash.com\/blog\/en\/shein-germany-influencer-marketing\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Storyclash<\/a>)<\/li>\n\n\n\n<li>In 2024, <strong>eCommerce apparel<\/strong> sales will grow at <strong>9.9%<\/strong> and <strong>traditional brick-and-mortar<\/strong> <strong>retailers<\/strong> at <strong>5.1%<\/strong>. However, Shein is now hoping to capitalize on an <strong>audience<\/strong> who also prefers to shop <strong>IRL<\/strong>. (<a href="\&quot;https:\/\/www.emarketer.com\/content\/sizing-up-shein-how-fared-2023-what-2024-has-store\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Emarketer<\/a>)<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">2024 Shein Market Share &amp; Social Media Statistics<\/h2>\n\n\n\n<p>Shein excels in social media marketing, and this has made the brand hugely popular. The below figures highlight just how much of the market they have cornered to date.<\/p>\n\n\n\n<ul>\n<li>Temu had the highest number of <strong>app downloads in 2023<\/strong> with 337.72 million. Shein was in <strong>second<\/strong> place with <strong>261.94 million<\/strong> downloads globally. (<a href="\&quot;https:\/\/www.statista.com\/statistics\/1428596\/most-downloaded-shopping-apps-worldwide\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Statista<\/a>)<\/li>\n\n\n\n<li><a href="\&quot;http:\/\/Shein.com\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Shein.com<\/a>&#8216;s core <strong>audience<\/strong> is in <strong>United States<\/strong>, followed by <strong>Spain<\/strong>, and then <strong>Brazil<\/strong>. (<a href="\&quot;https:\/\/www.semrush.com\/website\/shein.com\/overview\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">SEMRUSH<\/a>)<\/li>\n\n\n\n<li>In May 2024, Shein was visited <strong>215.42 million times<\/strong>, with the average visit lasting <strong>12 minutes, 24 seconds. <\/strong>(<a href="\&quot;https:\/\/www.semrush.com\/website\/shein.com\/overview\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">SEMRUSH<\/a>)<\/li>\n\n\n\n<li>As of<strong> June 2024<\/strong>, Shein\u2019s <strong>social media <\/strong>numbers are as follows:\n<ul>\n<li><a href="\&quot;https:\/\/www.instagram.com\/sheinofficial\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Instagram<\/a>: 33 million followers<\/li>\n\n\n\n<li><a href="\&quot;https:\/\/www.tiktok.com\/@shein_official?lang=en\&quot;" rel=\"nofollow noopener\" target=\"_blank\">TikTok<\/a> 9.4 million followers<\/li>\n\n\n\n<li><a href="\&quot;https:\/\/za.pinterest.com\/sheinofficial\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Pinterest:<\/a> 7.5 million followers<\/li>\n\n\n\n<li><a href="\&quot;https:\/\/www.youtube.com\/channel\/UCyLC0byWRwTw16Gc74SPp9w\&quot;" rel=\"nofollow noopener\" target=\"_blank\">YouTube<\/a> 733,000 subscribers<\/li>\n\n\n\n<li><a href="\&quot;https:\/\/www.facebook.com\/SHEINOFFICIAL\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Facebook<\/a> 32 million followers<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Shein gets most of its <strong>traffic<\/strong> from <strong>Facebook<\/strong>, followed by <strong>Pinterest<\/strong>, and then <strong>YouTube<\/strong> on desktop devices. (<a href="\&quot;https:\/\/www.similarweb.com\/website\/shein.com\/#social-media\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Similar Web<\/a>)<\/li>\n\n\n\n<li>Shein\u2019s <em><strong>Lifestyle &gt; Fashion and Apparel<\/strong><\/em> category attracts the highest number of visitors. (<a href="\&quot;https:\/\/www.similarweb.com\/website\/shein.com\/#interests\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Similar Web<\/a>)<\/li>\n\n\n\n<li>In 2024, fashion giant <strong>ZARA\u2019s website <\/strong>has the highest <strong>similarity<\/strong> to <a href="\&quot;http:\/\/shein.com\&quot;" rel=\"nofollow noopener\" target=\"_blank\">shein.com<\/a>. (<a href="\&quot;https:\/\/www.similarweb.com\/website\/shein.com\/#interests\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Similar Web<\/a>)<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"1000\" src=\"https:\/\/pub.wethrift.com\/wp-content\/uploads\/2024\/06\/Apps-by-download-globally.png\" alt=\"\" class=\"wp-image-1632\" srcset=\"https:\/\/pub.wethrift.com\/wp-content\/uploads\/2024\/06\/Apps-by-download-globally.png 1500w, https:\/\/pub.wethrift.com\/wp-content\/uploads\/2024\/06\/Apps-by-download-globally-300x200.png 300w, https:\/\/pub.wethrift.com\/wp-content\/uploads\/2024\/06\/Apps-by-download-globally-1024x683.png 1024w, https:\/\/pub.wethrift.com\/wp-content\/uploads\/2024\/06\/Apps-by-download-globally-768x512.png 768w\" sizes=\"(max-width: 1500px) 100vw, 1500px\" \/><\/figure><\/div>\n\n\n<h2 class=\"wp-block-heading\">Shein\u2019s Future Plans &amp; Predictions<\/h2>\n\n\n\n<p>With such a rapid rise to the top, Shein\u2019s future looks bright. The Singapore-headquartered fast fashion behemoth is preparing to file a prospectus for its London Stock Exchange IPO that <a href="\&quot;https:\/\/fortune.com\/europe\/2024\/06\/04\/shein-ipo-prospectus-ultra-cheap-online-retailer-london-us-listing\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Fortune<\/a> says could see it valued at as much as <strong>$63.7 billion\/\u00a350 billion<\/strong>.<\/p>\n\n\n\n<p>Here\u2019s what else is in the pipeline for Shein.<\/p>\n\n\n\n<ul>\n<li>Predictions show that Shein\u2019s <strong>revenue<\/strong> will reach <strong>$58.5 billion in 2025<\/strong>. (<a href="\&quot;https:\/\/prioridata.com\/data\/shein-revenue-statistics\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Priori Data<\/a>)<\/li>\n\n\n\n<li>By <strong>2030<\/strong>, Shein aims to reduce its <strong>greenhouse gas emissions<\/strong> by <strong>25<\/strong>%. (<a href="\&quot;https:\/\/www.sheingroup.com\/our-impact\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Shein<\/a>)<\/li>\n\n\n\n<li>After <strong>teaming up<\/strong> with <strong>Forever 21 in 2023<\/strong>, Shein has hinted at establishing a brick-and-mortar footprint in the future. (<a href="\&quot;https:\/\/www.emarketer.com\/content\/sizing-up-shein-how-fared-2023-what-2024-has-store\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Emarketer<\/a>)<\/li>\n\n\n\n<li>By <strong>2027<\/strong>, it is predicted that Shein will be the <strong>sixth largest UK apparel retailer<\/strong>. (<a href="\&quot;https:\/\/www.globaldata.com\/media\/retail\/shein-expected-uks-sixth-largest-apparel-retailer-2027-says-globaldata\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Global Data<\/a>)<\/li>\n\n\n\n<li>In <strong>2023<\/strong>, Shein opened its platform to <strong>third party sellers<\/strong> in <strong>Brazil<\/strong> and the <strong>US<\/strong> and looks set to expand this offering even further to compete with Amazon. (<a href="\&quot;https:\/\/www.retailtouchpoints.com\/topics\/digital-commerce\/shein-adds-third-party-marketplace-in-u-s\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Retail TouchPoints<\/a>)<\/li>\n\n\n\n<li>Shein still <strong>does not sell in China<\/strong> and has no plans to change this. (<a href="\&quot;https:\/\/www.reuters.com\/business\/retail-consumer\/how-chinas-shein-became-fast-fashion-giant-2023-11-28\/\&quot;" rel=\"nofollow noopener\" target=\"_blank\">Reuters<\/a>)<\/li>\n<\/ul>\n\n\n\n<p>As one of the biggest fashion retailers online, Shein now ships around a million orders every day (<a href="\&quot;https:\/\/www.wsj.com\/business\/logistics\/this-retailer-launched-last-year-and-its-shipping-a-million-packages-a-day-a8ca4cf7\&quot;" rel=\"nofollow noopener\" target=\"_blank\">WSJ<\/a>). The platform has firmly established itself as a leader in the industry, and with an IPO on the horizon and several expansion plans, it looks set to continue its upward trajectory.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2008, Chinese billionaire Chris Xu established ZZKKO, an e-commerce store that sold wedding dresses. However, in 2015, the brand was given a makeover, and fast fashion giant Shein (pronounced She-In) was born. Less than ten years later, Shein sells to customers in over 150 countries and holds the largest percentage of the fast-fashion market [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1635,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[19],"wt_featured":null,"wt_store_slugs":null,"_links":{"self":[{"href":"https:\/\/pub.wethrift.com\/wp-json\/wp\/v2\/posts\/1636"}],"collection":[{"href":"https:\/\/pub.wethrift.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pub.wethrift.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pub.wethrift.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pub.wethrift.com\/wp-json\/wp\/v2\/comments?post=1636"}],"version-history":[{"count":6,"href":"https:\/\/pub.wethrift.com\/wp-json\/wp\/v2\/posts\/1636\/revisions"}],"predecessor-version":[{"id":1693,"href":"https:\/\/pub.wethrift.com\/wp-json\/wp\/v2\/posts\/1636\/revisions\/1693"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pub.wethrift.com\/wp-json\/wp\/v2\/media\/1635"}],"wp:attachment":[{"href":"https:\/\/pub.wethrift.com\/wp-json\/wp\/v2\/media?parent=1636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pub.wethrift.com\/wp-json\/wp\/v2\/categories?post=1636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pub.wethrift.com\/wp-json\/wp\/v2\/tags?post=1636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}