2013-11-29
Orchid Asia-Backed Autohome Files For $126M US IPO
Beijing-based online automobile marketplace Autohome plans to raise $125.9 million through an IPO on the New York Stock Exchange. Autohome will sell 8.99 million American Depository Shares (ADS) at $12-14 apiece, according to a U.S. Securities and Exchange Commission filing. The company says it will use the proceeds to invest in technology and product development, […]
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