Markets

Luxury from China: Secoo files for a $100 million US IPO

Secoo Holding, a Chinese online retailer offering upscale products, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

The Beijing, China-based company was founded in 2008 and booked $437 million in sales for the 12 months ended June 30, 2017. It plans to list on the Nasdaq under the symbol SECO. Secoo Holding filed confidentially on March 31, 2015. Jefferies is the sole bookrunner on the deal. No pricing terms were disclosed.

The article Luxury from China: Secoo files for a $100 million US IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

IPOs