WNW News

In another active week for the IPO market, eight companies completed offerings, with the largest and most anticipated IPO, Wish (WISH), putting on an underwhelming performance. Surprisingly, this came alongside the best performing IPO of 2020 as Wunong Net Technology (WNW) traded up over 1,450% in its first few days on the market. Returns for...read more

Wunong Net Technology, which operates an online food retail store and franchise restaurants in China, raised $30 million by offering 6 million shares (83% primary) at $5, within the range of $4 to $6. At pricing, the company commands a market value of $125 million. The company operates an online food retail platform that currently offers a portfolio of 352 products from a...read more

Wunong Net Technology, which operates an online food retail store and franchise restaurants in China, filed on Thursday with the SEC for an initial public offering. The Shenzhen, China-based company plans to raise $30 million by offering 6 million shares (17% insider) at a price range of $4 to $6. At the midpoint of the proposed range, Wunong Net Technology Company...read more