IDG-backed Tian Ge targets $208m HK IPO
Tian Ge Interactive Holdings, a Chinese social video-sharing platform that has received funding from IDG Capital Partners and internet company Sina, is seeking to raise up to HK$1.61 billion ($208 million) through a Hong Kong IPO.
The company has signed up 10 cornerstone investors who between them will cover approximately HK$618.8 million of the offering, acccording to a regulatory filing. They include Qihoo 360, a US-listed Chinese...
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