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


2018-07-26 (113 Days Old)Total Views: 80 | Last 7 Days: 9

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.


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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. >>