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Mecox Lane Limited prices IPO at $11.00, above the range

October 25, 2010

Mecox Lane Limited, China's largest e-commerce platform for apparel and accessories, raised $129 million on Monday by offering 11.7 million shares at $11, above the $8 to $10 proposed range. Mecox Lane Limited is expected to begin trading Tuesday on the NASDAQ under the symbol MCOX. Credit Suisse and UBS Investment Bank acted as lead managers on the deal.