Who Owns SHEIN Group?
Updated onExplore the ownership hierarchy of SHEIN Group. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
SHEIN Group
SHEIN Group is a Singapore-headquartered global online fashion and lifestyle retailer that sells low-priced apparel and related products directly to consumers worldwide.
SHEIN Group appears to be independent with no known parent company.
SHEIN Group
SHEIN Group is a Singapore-headquartered global online fashion and lifestyle retailer that sells low-priced apparel and related products directly to consumers worldwide.
SHEIN Group appears to be independent with no known parent company.
Major Shareholders
SHEIN Group
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
Chris Xu (Xu Yangtian / Sky Xu) Founder and CEO of SHEIN Group; multiple independent reports describe him as the main owner and controlling shareholder of the privately held group, which is structured through offshore holding companies, but his exact equity and voting stake have never been disclosed. | Founder | — | Nov 2025 |
Sequoia Capital China (now HongShan) Leading early and growth-stage investor in Shein; co-led a US$500m round in 2019 and was a lead or co-lead investor in the US$1.5b 2022 round and the US$2b 2023 growth-equity financing at valuations up to about US$100b/US$66b, making it one of the largest outside shareholders; precise ownership percentage is not public. | Institutional | — | May 2023 |
General Atlantic Global growth-equity firm that participated in Shein’s large 2022 funding round and then co-led the US$2b round in May 2023 alongside Sequoia China and Mubadala, at a valuation reported around US$64–66b, implying a sizeable minority stake with undisclosed exact percentage. | Institutional | — | May 2023 |
Mubadala Investment Company Abu Dhabi sovereign wealth fund; identified by multiple reports as a major investor and co‑lead in Shein’s US$2b 2023 fundraising round, giving it a significant minority position in the company, though no exact ownership figure has been published. | Institutional | — | May 2023 |
Tiger Global Management US-based hedge fund and venture investor; co-led a US$500m round in 2019 and led or co‑led the US$1b Series C round in April 2022, and is also reported as a participant in the 2023 US$2b round, making it one of Shein’s prominent institutional shareholders; current stake is not disclosed. | Institutional | — | Apr 2022 |
IDG Capital Global venture capital firm that led Shein’s roughly US$44.8m Series B round (often dated 2015–2016 in databases), making it one of the earliest institutional backers; its original stake has likely been diluted in later rounds, and no current percentage is publicly available. | Institutional | — | Jul 2016 |
General Catalyst US venture and growth-equity firm that co‑led Shein’s US$1b Series C round in April 2022 alongside Tiger Global, giving it a material but undisclosed minority stake. | Institutional | — | Apr 2022 |
JAFCO Asia Asian venture capital arm of JAFCO; cited as lead investor in Shein’s US$5m Series A round in January 2013, which provided one of the company’s first institutional capital injections and resulted in an early minority equity position whose current size is not disclosed. | Institutional | — | Jan 2013 |
Coatue Management US technology-focused investment firm reported as a participant, alongside Tiger Global, in the US$2b 2023 funding round led by General Atlantic, Sequoia China and Mubadala, indicating a minority shareholding without publicly available percentage details. | Institutional | — | May 2023 |
Marcelo Claure Bolivian‑American entrepreneur and investor; funding databases list him as the sole named angel in a US$150m round in February 2023, implying a direct personal minority stake in Shein, though no exact ownership or voting percentage has been disclosed. | Individual | — | Feb 2023 |
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