Chinese e-commerce platform Ruhnn Holding files for US IPO

0 Comment(s)Print E-mail Xinhua, March 7, 2019
Adjust font size:

Chinese e-commerce platform Ruhnn Holding filed on Wednesday with the U.S. Securities and Exchange Commission to raise up to 200 million U.S. dollars in an initial public offering (IPO).

The platform, based in China's southeastern city of Hangzhou, was founded in 2016. It focuses on connecting consumers and brands through key opinion leaders.

The company booked 157 million dollars in sales for the 12 months ended Dec. 31, 2018.

It plans to list on the Nasdaq under the symbol RUHN. Citi and UBS Investment Bank are the joint bookrunners on the deal. No pricing terms were disclosed.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter