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China-based NetQin Mobile files for $100 million IPO

March 15, 2011
NQ

NetQin Mobile Inc., which provides Internet services to protect mobile users from security threats in China, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. The Beijing-based company, which was founded in 2005 and booked $18 million in sales last year, plans to list on the NYSE under the symbol NQ. Piper Jaffray is the lead underwriter on the deal, for which pricing terms and timing were not disclosed.