China's VC-backed PPDai files for US IPO
PPDai, a consumer finance marketplace backed by several VC investors, has become the latest Chinese company to try and take advantage of soaring public markets by filing for an IPO in the US.
The company’s filing does not indicate the size or pricing of the offering, or whether its investors will sell any shares. Part of the proceeds of the offering have been earmarked for investment in technologies...
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