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Quick-go to 9 IPOs launched by Chinese companies in US this year

Update Date:2018-3-21 17:38:13     Source:www.3737580.com     Views:699

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With more and more Chinese companies flocking to the United States for initial public offerings (IPOs), this year will probably be the season of the Chinese IPOs. So far, nine Chinese companies have already gone public in the US.

 

1. Zhaopin
On June 12, Zhaopin Ltd went public on the New York Stock Exchange, raising $75.7 million.Zhaopin, China's most popular Internet job site, founded in 1994, is a leading online-based employment recruitment platform in China. Operating out of its Beijing headquarters, the company offers services to more than 75 million registered users in China.

 

2. JD.com
On May 22, Chinese e-commerce site JD.com went public in an initial offering on the Nasdaq Stock Market and raised $1.78 billion.JD, also known as Jingdong Mall and backed by Saudi billionaire Prince Alwaleed bin Talal, is the biggest direct seller of online goods in China. Operating out of its Beijing headquarters, it offers direct purchases of products from distributors and manufacturers through its website, and also oversees an independent network of delivery couriers and warehousing facilities.


3. Jumei
On May 16, Jumei International Holding Ltd, raised $245.1 million in a US initial public offering on the New York Stock Exchange.Beijing-based Jumei is a Chinese online cosmetics retailer benefiting from the expanding beauty and personal care products market.

 

4. Tuniu
On May 9, Tuniu Corporation launched initial public offering on the Nasdaq market and raised about $72 million.Tuniu, a Chinese online leisure travel company, founded in 2006, offers a wide array of travel-related services and packaged tours through its online and mobile platforms. The company's products cover more than 70 countries, including many popular tourist destinations in China.


5. Cheetah Mobile
On May 8, Cheetah Mobile Inc raised $168 million from its initial public offering on the Nasdaq Stock Market.Beijing-based company Cheetah Mobile was founded in October 2010 and was formerly known as Kingsoft Internet Software Holdings Limited until March when it changed to the current name.Cheetah Mobile provides various applications to its global users, such as junk file cleaning, memory boosting and privacy protection application Clean Master, Internet security application Duba Anti-virus, as well as safe Internet browser Cheetah Browser. It systems are used in smartphones and personal computers.

6. Weibo
On April 17, Weibo Corporation made its debut on the Nasdaq Stock Market and raised $3.46 billion.
Weibo, a leading social media platform for people to create, distribute and discover Chinese-language content, has had a profound social impact in China. It is a Beijing-based microblogging service owned by Sina Corp and Alibaba Group Holding Ltd. In March, the company had 143.9 million monthly active users and 66.6 million average daily active users, according to a statement released by the company.


7. Leju
On April 17, Leju Holdings Limited made its initial public offering of 10 million American depositary shares (ADSs), each representing one ordinary share of the company, priced at $10 on the New York Stock Exchange.Leju is a leading online-to-offline (O2O) real estate service provider in China. Its online platform includes websites covering more than 250 cities as well as mobile applications. The firm also operates the real estate and home furnishing websites of leading Internet companies such as Sina Corporation and Baidu Inc, and maintains a strategic partnership with Tencent Holdings Limited

 

8. iKang
On April 9, iKang Guobin Healthcare Group went public with the aim of raising up to $150 million on the Nasdaq stock market.iKang is a Chinese healthcare checkup service provider, in which Goldman Sachs Group Inc and Government of Singapore Investment Corp both have stakes, has 40 health examination and medical treatment centers in 12 cities in China. It cooperates with 500 medical institutions in more than 200 Chinese cities. It accounts for 12.3 percent of China's health-check market in terms of revenue in 2013, according to research company Frost & Sullivan.


9. Tarena
On April 3, Tarena made its initial public offering on the Nasdaq Stock Market that raised $137.7 million.As a leading professional educator company, which was launched in 2002, has trained over 130,000 students, cooperated with more than 500 universities and colleges, and placed students with about 35,000 corporate employers in a variety of industries, the company said.

 

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