All Passengers Will Be Listed In The US During The Year.

2011/6/8 9:23:00 66

Domestic large-scale B2C online shopping website

vancl

New progress has been made in IPO (initial public offerings).

Yesterday, the reporter learned from van ciclon that it has appointed 5 investment banks of CICC, Citigroup, Credit Suisse, Goldman Sachs and Morgan Stanley to be responsible for the listing and trading of the company.

If everything goes well, van customer is expected to go to the US in the fourth quarter of this year.

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It is understood that the sale of $1 billion by fan Ke pin to the US IPO plan will be used for business expansion and M & A pactions. This scale of financing will become the largest listing and financing paction of Chinese Internet companies this year.

A person in charge of the company told reporters that the company is steadily promoting its listing and is expected to go public in the US by the end of this year.

Since the company has not formally submitted the prospectus to the US securities regulatory authorities, the number of shares and the proportion of shares after the listing are not yet known.

Founded in 2007, Fan Cheng pin adopted its own clothing.

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The business mode of online sales.

According to AI consulting data, the market share of B2C was 1.9% in the first quarter of 2011 in China's online shopping market.

Up to now, van customer has completed the 5 round of financing, financing amount of about $200 million.