Video-streaming app Kuaishou is pictured on a mobile phone in this illustration picture taken January 25, 2018. Photo: Reuters Video-streaming app Kuaishou is pictured on a mobile phone in this illustration picture taken January 25, 2018. Photo: Reuters
Video-streaming app Kuaishou is pictured on a mobile phone in this illustration picture taken January 25, 2018. Photo: Reuters
IPO
Business /  Companies

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

Topic |   IPO
Bloomberg
Bloomberg

Updated: 4:28pm, 24 Jan, 2021

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Video-streaming app Kuaishou is pictured on a mobile phone in this illustration picture taken January 25, 2018. Photo: Reuters Video-streaming app Kuaishou is pictured on a mobile phone in this illustration picture taken January 25, 2018. Photo: Reuters
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

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