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 […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
Visit the original source and full text: China Money Network
Any news and links syndicated from other sources are copyright those respective websites and/or publications. We post brief synopsis and links per what the respective websites' RSS feeds provide.