The logo of Chinese video-streaming startup Kuaishou in Beijing on May 10, 2017. Photo: Reuters The logo of Chinese video-streaming startup Kuaishou in Beijing on May 10, 2017. Photo: Reuters
The logo of Chinese video-streaming startup Kuaishou in Beijing on May 10, 2017. Photo: Reuters
IPO

Tencent-backed video sharing app Kuaishou kicks off Hong Kong IPO targeting US$5 billion

  • Kuaishou Tech will launch its Hong Kong IPO in a price range that tops at HK$93 per share, which could help it raise US$5 billion
  • The loss-making company is poised to expand into online payment services, following a similar move by its competitor Douyin

Topic |   IPO
The logo of Chinese video-streaming startup Kuaishou in Beijing on May 10, 2017. Photo: Reuters The logo of Chinese video-streaming startup Kuaishou in Beijing on May 10, 2017. Photo: Reuters
The logo of Chinese video-streaming startup Kuaishou in Beijing on May 10, 2017. Photo: Reuters
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