WoWo Priced, Nasdaq: WOWO

Operates an online mall connecting Chinese merchants and consumers.

Industry: Technology

Latest Trade: $3.65 0.00 (0.0%)

First Day Return: +2.9%

Return from IPO: -63.5%

Industry: Technology

We operate one of China's leading third-party e-commerce platforms, focusing on local entertainment and lifestyle services such as restaurants, movie theaters and beauty salons. We do not compete with our merchant clients by offering our own goods and services nor do we keep inventory of any merchandise. Our unique platform allows local merchants to customize and manage their online stores, make direct sales to their target customers and process a large volume of online sales for consumption at their brick and mortar stores. According to iResearch, our platform represents the largest e-commerce platform for local lifestyle services in terms of number of merchants and registered users as of June 30, 2014. As of September 30, 2014, we have also established a nationwide network of merchant service centers to support local businesses in 150 major cities and population centers across China.
more less
IPO News for WoWo
more
IPO Data
IPO File Date 01/09/2015
Offer Price $10.00
Price Range $9.00 - $11.00
Offer Shares (mm) 4.0
Deal Size ($mm) $40
IPO Data
IPO Date 04/07/2015
Offer Price $10.00
Price Range $9.00 - $11.00
Offer Shares (mm) 4.0
Deal Size ($mm) $40
Underwriters
more
Company Data
Headquarters Beijing, China
Founded 2010
Employees 3,049
Website www.55tuan.com