Pinduoduo raises $1.6 bln in year's second-biggest Chinese IPO in U.S. - sources

Chinese online group discounter Pinduoduo Inc priced its U.S. initial public offering (IPO) at $19 per American depositary share (ADS), raising $1.63 billion in the second-biggest U.S. float by a Chinese firm this year, according to two people familiar with the situation.

141

Thanks for voting

Reuters

China United States

Initial Public Offering

Business and Financial News
Short URL

Latest News

FOX: Man ordered to start gun safety campaign after shootings

FOX: 9/11 fund running out of money for those with illnesses

FOX: Chief: Officer lied in affidavit before deadly Houston raid

FOX: Statement declaring national emergency on US-Mexico border

FOX: Man arrested in 3rd fire at Mississippi furniture factory

FOX: Omar's edgy Israel tweet no surprise to some back home

FOX: Alexandria Ocasio-Cortez faces questions after her boyfriend gets congressional email account

FOX: Text: Trump proclamation of national emergency on the Southern border

FOX: Supreme Court to decide whether citizenship question can be included in 2020 census

FOX: McCabe rep downplays DOJ discussions on using 25th Amendment to oust Trump

FOX: Trump shares video compilation of Democrats at State of the Union to track of R.E.M.'s 'Everybody Hurts'

FOX: Jimmy Carter smooches wife Rosalynn on kiss cam at Atlanta Hawks game

FOX: Trump declares national emergency, avoids shutdown

FOX: Gillibrand on call to tear down border wall: 'If it makes sense, I could support it'

FOX: Judge imposes partial gag order in Roger Stone case

FOX: Sarah Sanders says she ‘voluntarily’ agreed to Mueller interview

FOX: Amazon blasts Ocasio-Cortez, says 'we don't want to work in this environment in the long term'

FOX: 'Boycott Amazon!' Furious Queens property owner slams tech giant after it nixed New York HQ2

FOX: Lawmaker urges Facebook, Google to stop anti-vaxxer content

FOX: Unopened Super Mario Bros. copy from 1985 sells for $100G

FOX: Navy to 'live fire' missiles from its USS Zumwalt stealth destroyer

FOX: Blockchain could be a game changer for tracking medications

FOX: Unopened vintage 'Super Mario Bros.' video game sells for $100G, setting new world record

14 Related Articles, between 2018-07-26 and 2018-07-08

China's Pinduoduo prices U.S. IPO at top of range, raises $1.6 billion: sources. HONG KONG (Reuters/IFR) - Chinese online group discounter Pinduoduo Inc priced its U.S. initial public offering (IPO) at $19 per American depositary share (ADS), raising $1.63 billion in the second-biggest U.S. float by a Chinese firm this year, according to three people familiar with the situation. >>

China's Pinduoduo raises $1.6 billion in range-topping U.S. IPO: sources. HONG KONG (Reuters/IFR) - Chinese online group discounter Pinduoduo Inc priced its U.S. initial public offering (IPO) at $19 per American depositary share (ADS), raising $1.63 billion in the second-biggest U.S. float by a Chinese firm this year, according to two people familiar with the situation. >>

China's Tencent turns to US for IPO of its music business. Tencent's music streaming unit dominates the Chinese market and could be valued at more than $30 billion. >>

Chinese discounter Pinduoduo aims for up to $1.63 billion in U.S. IPO. Chinese online group discounter Pinduoduo plans to raise up to $1.63 billion from a U.S. listing, its latest filing with the U.S. Securities and Exchange showed, in what would be the second-biggest U.S. float by a Chinese firm this year. >>

Chinese discounter Pinduoduo aims for up to $1.63 billion in US IPO. Chinese online group discounter Pinduoduo plans to raise up to $1.63 billion from a U.S. listing, its latest filing with the U.S. Securities and Exchange showed, in what would be the second-biggest U.S. float by a Chinese firm this year. >>

Chinese online group Pinduoduo targets up to $1.63 billion in U.S. IPO. Chinese online group discounter Pinduoduo is planning to raise up to $1.63 billion from a U.S. listing, its latest filing with the U.S. Securities and Exchange showed, in what will be one of the biggest U.S. float by Chinese firms in four years. >>

Chinese online group Pinduoduo targets up to $1.63 bln in U.S. IPO. Chinese online group discounter Pinduoduo is planning to raise up to $1.63 billion from a U.S. listing, its latest filing with the U.S. Securities and Exchange showed, in what will be one of the biggest U.S. float by Chinese firms in four years. >>

CORRECTED-UPDATE 1-Chinese discounter Pinduoduo aims for up to $1.63 bln in US IPO. Chinese online group discounter Pinduoduo plans to raise up to $1.63 billion from a U.S. listing, its latest filing with the U.S. Securities and Exchange showed, in what would be the second-biggest U.S. float by a Chinese firm this year. >>

Pinduoduo raises $1.6 billion in year's second-biggest Chinese IPO in U.S.: sources. Chinese online group discounter Pinduoduo Inc priced its U.S. initial public offering (IPO) at $19 per American depositary share (ADS), raising $1.63 billion in the second-biggest U.S. float by a Chinese firm this year, according to two people familiar with the situation. >>

UPDATE 1-China's Pinduoduo raises $1.6 bln in range-topping U.S. IPO - sources. * Sharp rise from $15 bln value after April funding round (Adds details on deal, analyst quote, background) >>

UPDATE 1-Chinese discounter Pinduoduo aims for up to $1.63 bln in US IPO. Chinese online group discounter Pinduoduo plans to raise up to $1.63 billion from a U.S. listing, its latest filing with the U.S. Securities and Exchange showed, in what would be the second-biggest U.S. float by a Chinese firm this year. >>

UPDATE 2-China's Pinduoduo prices U.S. IPO at top of range, raises $1.6 bln -sources. * Sharp rise from $15 bln value after April funding round (Adds Pinduoduo declined to comment on pricing) >>

Used car firm to raise funds via US float. Uxin Ltd, a Chinese used car e-commerce platform, has filed for a $500 million IPO in the United States, according to the company's regulatory filing. >>

Xiaomi has a lot to prove to US investors who are skeptical of Chinese tech. Xiaomi was pitching its IPO to U.S. investors last week, and many had little understanding of the company's broad product suite. >>

Reuters: Pinduoduo raises $1.6 bln in year's second-biggest Chinese IPO in U.S. - sources

Latest News

14 Related Articles, between 2018-07-26 and 2018-07-08