Chinese auto website Autohome files for a $120 million IPO


Autohome, which provides online information, listings and reviews for auto consumers in China, filed on Monday with the SEC to raise up to $120 million in an initial public offering. The Beijing, China-based company, which was founded in 2005 and booked $172 million in sales for the 12 months ended September 30, 2013, plans to list on the NYSE under the symbol ATHM. Autohome initially filed confidentially on July 31, 2013. Deutsche Bank and Goldman Sachs (Asia) are the joint bookrunners on the deal. No pricing terms were disclosed.

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