BEAMSTART Logo

Used electronics trading platform Aihuishou eyes up to $1b in US IPO

Aihuishou has hired Bank of America and Goldman Sachs to work on the IPO and plans to file around mid-May.

  • Chinese secondhand electronics trading platform Aihuishou is aiming to raise $500 million to $1 billion in a U. S. initial public offering by early June, said two people with direct knowledge.
  • Com Inc, is targeting a valuation of $4 billion to $5 billion in the float, said the people.
  • Aihuishou has hired Bank of America and Goldman Sachs to work on the IPO and plans to file around mid-May, said the sources, who declined to be named as the information is confidential.

DEALSTREETASIA.COM19 Apr, 2021

ABOUT THE AUTHOR

Kenneth Ho

Founder & Director @ BEAMSTART. Just launched a VC fund to accelerate awesome startups.

BEAMSTART is a Global Community and News Portal for Entrepreneurship. We cover the latest news and bring together a global network of CEOs/founders, Investors, Business Leaders, and Professionals.

 

Download the Community App

Connect with the BEAMSTART Entrepreneurship Community from the palm of your hands. Connect with CEOs/Founders, Investors, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

PlayStore ButtonAppStore Button

© 2016 - 2021 BEAMSTART. All Rights Reserved (Legal).