From CNBC:

China’s Cyberspace Administration is conducting a security review of Shein ahead of its anticipated U.S. IPO. The review focuses on Shein’s supply chain presence in China and concerns about data being leaked overseas. Shein’s status as a Chinese company could complicate its IPO process, as both U.S. and Chinese regulators are increasingly concerned about data privacy and security.

Shein, a fast-fashion giant, is facing a security review by China’s internet regulator as it prepares for its U.S. initial public offering. The review focuses on Shein’s operations in China, with concerns about data security and potential leaks overseas. The company’s status as a Chinese company adds complexity to its IPO process, as regulatory scrutiny on data privacy and security increases in both the U.S. and China.

The Cyberspace Administration of China is conducting a security review of Shein’s operations in the country, ahead of the fast-fashion giant’s anticipated U.S. IPO. The review focuses on data security and potential leaks overseas. Shein’s status as a Chinese company adds complexity to its IPO process, amid growing regulatory concerns about data privacy and security in both the U.S. and China.

Shein is facing a security review by China’s internet regulator as it gears up for its U.S. IPO. The review focuses on data security and potential leaks overseas, amid regulatory concerns in both the U.S. and China. Shein’s status as a Chinese company could present obstacles to its IPO process.



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