Vancl aims high for US IPO
VC-backed e-commerce retailer Vancl is the latest digital player in the PRC looking to strike it rich on an American bourse, targeting a $1 billion raise and the title of the biggest IPO by a Chinese internet company.
Since its 2007 launch, digital clothing retailer Vancl has received funding from Ceyuan Ventures, IDG, Qiming Venture Partners and SAIF Partners. Ahead of its targeted $750 million-$1 billion IPO process,...
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