2013-11-01
Warburg, SAIF-backed 58.Com Completes $187M IPO
58.com Inc., China's online classified ads and marketplace, says that it has priced its initial public offering of 11,000,000 American Depositary Shares (ADS) at $17.00 for a total offering size of $187 million. This number assumes the underwriters do not exercise their option to purchase additional shares. Its shares are expected to begin trading on […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.