Video-streaming app Kuaishou is pictured on a mobile phone in this illustration picture taken January 25, 2018. Photo: Reuters
Kuaishou’s US$6 billion IPO attracts BlackRock, Abu Dhabi, Canadian Pension Fund among 10 cornerstone investors
- Kuaishou plans to set aside almost US$2.5 billion of stock in its forthcoming IPO for about 10 cornerstone investors, according to people familiar with the plan
- BlackRock, the Abu Dhabi Investment Authority, Capital Group, and the Canadian Pension Plan Investment Board are among the major funds in talks to buy the stock, people said
Follow your favourite topic and get notified
Video-streaming app Kuaishou is pictured on a mobile phone in this illustration picture taken January 25, 2018. Photo: Reuters
Corrected [4:28pm, 24 Jan, 2021]
- [4:28pm, 24 Jan, 2021]
Corrects IPO size in main headline
We are part of the Trust Project What is it?