Chinese regulators’ investigation of e-commerce companies’ data-collection practices has forced them to rethink their US listing plans. Photo: Reuters Chinese regulators’ investigation of e-commerce companies’ data-collection practices has forced them to rethink their US listing plans. Photo: Reuters
Chinese regulators’ investigation of e-commerce companies’ data-collection practices has forced them to rethink their US listing plans. Photo: Reuters
IPO

Chinese e-commerce platform Meicai becomes latest mainland firm to shelve US IPO plan as tightened scrutiny unnerves issuers

  • Chinese regulators’ investigation of Didi Chuxing and other internet companies’ data collection practices has rattled potential new issuers targeting a US IPO
  • Meicai, which means ‘beautiful vegetables’ in Mandarin, was aiming to raise between US$300 million and US$500 million, reports said

Topic |   IPO
Chinese regulators’ investigation of e-commerce companies’ data-collection practices has forced them to rethink their US listing plans. Photo: Reuters Chinese regulators’ investigation of e-commerce companies’ data-collection practices has forced them to rethink their US listing plans. Photo: Reuters
Chinese regulators’ investigation of e-commerce companies’ data-collection practices has forced them to rethink their US listing plans. Photo: Reuters
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