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Cango Priced, NYSE: CANG

Online car marketplace for businesses and consumers in China.

Industry: Technology

First Day Return: +13.8%

Industry: Technology

We are a leading automotive transaction service platform in China connecting dealers, financial institutions, car buyers and other industry participants. According to the Oliver Wyman Report, we cover the largest number of new car dealers in China, and the outstanding balance of financing transactions we facilitated was the largest among automotive transaction service platforms in China as of December 31, 2017. As of March 31, 2018, our platform connected 37,667 registered dealers, 11 third-party financial institutions and 29 other industry participants, including OEMs, online advertising platforms and insurance brokers and companies, and had served 734,336 car buyers cumulatively since inception. Our platform model puts us in a unique position to add value for our platform participants and business partners as the mobility market in China continues to grow and evolve.
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IPO Data
IPO File Date 06/22/2018
Offer Price $11.00
Price Range $10.00 - $12.00
Offer Shares (mm) 4.0
Deal Size ($mm) $44
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/25/2018
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $44
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Shanghai, China
Founded 2010
Employees at IPO 2,940
Website www.cangoonline.com

Cango (CANG) Performance