Beijing-based Wowo Limited, which operates Chinese group-buying site 55tuan.com, has increased its planned U.S. initial public offering size by 62.5% to US$65 million, according to a security filing. On January 9, Wowo filed with the U.S. Securities and Exchange Commission to raise up to US$40 million in a NASDAQ IPO. Investors are cautious of the […]

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