Cheetah Mobile, a Chinese mobile security app developer, announced terms for its IPO on Friday. The Beijing, China-based company plans to raise $162 million by offering 12.0 million shares at a price range of $12.50 to $14.50. At the midpoint of the proposed...read more
YY Inc., a Chinese social platform that engages users in real-time online group activities through voice, text and video, is looking to be the second Chinese company to list in the US since August 2011 after filing with the SEC on Monday to raise up to $100...read more
Five deals priced this week, led by the enthusiastically welcomed online real estate marketplace operator Zillow (Z). The company raised $70 million on Tuesday by pricing its IPO at $20, above its upwardly revised range of $16 to $18. Internet-based stocks...read more
Fast-growing women's boutique chain Francesca's soared 63% in its trading debut Friday, making it the fourth best first day gain for a US listed IPO so far this year. Francesca's "broad but shallow" merchandising strategy has fueled its rapid growth; the...read more
Chinese app developer Cheetah Mobile sets terms for $162 million IPO
Cheetah Mobile, a Chinese mobile security app developer, announced terms for its IPO on Friday. The Beijing, China-based company plans to raise $162 million by offering 12.0 million shares at a price range of $12.50 to $14.50. At the midpoint of the proposed...read more
YY looks to be first Chinese company to list in the US since March
YY Inc., a Chinese social platform that engages users in real-time online group activities through voice, text and video, is looking to be the second Chinese company to list in the US since August 2011 after filing with the SEC on Monday to raise up to $100...read more
US IPOs rebound this week, led by real estate listing site Zillow
Five deals priced this week, led by the enthusiastically welcomed online real estate marketplace operator Zillow (Z). The company raised $70 million on Tuesday by pricing its IPO at $20, above its upwardly revised range of $16 to $18. Internet-based stocks...read more
Retailer Francesca's soars 63% in market debut; fourth highest first day return so far this year
Fast-growing women's boutique chain Francesca's soared 63% in its trading debut Friday, making it the fourth best first day gain for a US listed IPO so far this year. Francesca's "broad but shallow" merchandising strategy has fueled its rapid growth; the...read more