China's Yunji completes $121m US IPO, gains 29% on debut
Yunji, a Chinese membership-based e-commerce platform, gained 29% on its NASDAQ trading debut following a $121 million IPO that was largely covered by two of its private equity investors.
The company sold 11 million American Depository Shares (ADS) for $11 apiece, representing the bottom end of the indicative range, according to a filing. Crescent Point and Trustbridge Partners together...
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