www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Gadgets

Weibo valued at $3.46b after bottom-end IPO pricing

(Agencies) Updated: 2014-04-17 14:54

Weibo valued at $3.46b after bottom-end IPO pricing

A man holds an iPhone as he visits

Sina Corp's Weibo will be valued at a lower-than-expected $3.46 billion when it goes public on the Nasdaq on Thursday. The Twitter-like microblogging service, owned by web portal Sina Corp, sold 16.8 million American Depositary Shares (ADSs) for $17 apiece, raising $285.6 million, an underwriter told Reuters.

The company had planned to sell 20 million ADSs at between $17 and $19 per share.

Weibo will add to the list of Chinese companies flocking to the US IPO market in their biggest numbers since 2010, drawn by soaring valuations for tech start-ups.

Chinese e-commerce giant Alibaba Group, which invested $586 million for an 18 percent stake in Weibo, is expected to file for a widely anticipated share sale as early as Monday, according to sources.

Alibaba rival JD.com filed for a $1.5 billion US listing in January.

Since its launch in 2009, Weibo has become the country's water cooler, a place where nearly 600 million Internet users opine on everything. Weibo had 143.8 million monthly active users in March.

The company's revenue almost tripled to $188.3 million in 2013 from a year earlier, while net loss narrowed to $38.1 million from $102.5 million.

Weibo's shares are expected to begin trading under the symbol "WB" on the Nasdaq on Thursday. Goldman Sachs (Asia) LLC and Credit Suisse were the lead underwriters to the offering.

Weibo valued at $3.46b after bottom-end IPO pricing
Weibo paves way for wave of US listings

Weibo valued at $3.46b after bottom-end IPO pricing
Alibaba filing for US IPO next week:sources

 

 

 

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 成年人在线视频观看 | 欧美老妇b| 精品国产三级a∨在线 | 久草在线视频精品 | 飘花国产午夜精品不卡 | 香蕉亚洲精品一区二区 | 欧美区一区 | 欧美一级视频免费观看 | 97国产大学生情侣11在线视频 | 色视频在线免费 | 日本在线www| 国产福利社区 | 国产精品免费观看视频播放 | 欧美亚洲综合网 | 99re热视频这里只精品 | 欧美中文字幕 | 欧美精品黄页免费高清在线 | 日韩在线不卡一区在线观看 | 亚洲视频网址 | 欧美一级艳片视频免费观看 | 国产精品久久免费视频 | 91b站 | 久久九九视频 | 国产一级毛片夜一级毛片 | 国产丶欧美丶日韩丶不卡影视 | wwwxx在线| 免费在线观看a级毛片 | 国内精品伊人久久 | 最新欧美精品一区二区三区不卡 | 国产一级毛片国语版 | 亚洲免费中文 | 免费一区二区三区四区五区 | 性欧美一级毛片欧美片 | 中文字幕成人网 | 日韩精品欧美国产精品亚 | 国产成人a毛片 | 成人综合网址 | 中国一级毛片视频 | 日韩一级黄色 | 亚洲欧美日本国产 | 国产成人aaa在线视频免费观看 |