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Onion Global Priced, NYSE: OG

Chinese e-commerce platform using influencers to sell lifestyle brands in Asia.

Industry: Technology

Latest Trade: $0.00 -0.24 (-100.0%)

First Day Return: -3.4%

Return from IPO: -96.7%

Industry: Technology

We are a next-generation lifestyle brand platform that incubates, markets and distributes the world’s fresh, fashionable and future brands, which we refer to as “3F brands,” to young people in China and across Asia. Our founder Cong (Kenny) Li, an 18-year veteran at a Fortune 100 multi-national consumer goods company, created Onion with an objective to search for and create the next generation of fresh, fashionable and future brands and bring them to the young consumers in China and across Asia. Today, the Onion global brand family is synonymous with what Kenny initially set out to build. The 4,001 brands on our platform, including 86 brand partners that directly work with us, offer 23 categories of lifestyle products, including beauty products, maternal and baby products, food & beverages, fast fashion and wellness products. Trusted by millions of users, our platform improved our users’ lives in small but meaningful ways by offering our users a wide product selection and an enjoyable online shopping experience. Our online platform disrupts the conventional lifestyle retail landscape in China by offering an integrated solution to develop, market and distribute new and inspiring branded products, thereby reshaping the lifestyle shopping and consumer culture in China.
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IPO Data
IPO File Date 04/07/2021
Offer Price $7.25
Price Range $7.25 - $9.25
Offer Shares (mm) 9.3
Deal Size ($mm) $68
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/06/2021
Offer Price $7.25
Price Range $7.25 - $9.25
Offer Shares (mm) 9.3
Deal Size ($mm) $68
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
AMTD Global Markets
Huatai Securities
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Company Data
Headquarters Guangzhou, China
Founded 2015
Employees 796
Website www.msyc.com

Onion Global (OG) Performance