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Secoo Holding Priced, Nasdaq: SECO

Chinese online retailer offering new and vintage luxury brands.

Industry: Technology

First Day Return: -23.1%

Industry: Technology

We are Asia's largest online integrated luxury retail platform that offers customers a wide selection of authentic upscale products and services. We believe the majority of our customers belong to the middle and high income population in China, which have shown an increasingly propensity to purchase luxury products and services on online platforms. We currently offer over 300,000 SKUs, covering over 3,000 global and domestic brands on our platform. With the goal of providing one-stop shopping experience, we have expanded into providing high-end lifestyle services since 2014. We offer an integrated online and offline shopping platform, which consists of our Secoo.com website, mobile applications and offline experience centers. Our online platform facilitates easy product selection, order processing and convenient payment methods, such as our Secoo Check, which allows customers to make payments for our merchandise products in installments on our online platform directly. We have strategically opened five offline experience centers in popular shopping destinations and central business districts in China, Hong Kong and Malaysia. In addition, we are cooperating with brand boutiques, such as Versace, for our customers to pick up products ordered on our website.
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IPO Data
IPO File Date 08/25/2017
Offer Price $13.00
Price Range $11.50 - $13.50
Offer Shares (mm) 8.5
Deal Size ($mm) $111
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/21/2017
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $111
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Beijing, China
Founded 2008
Employees at IPO 544
Website www.secoo.com

Secoo Holding (SECO) Performance