China: values IPO at USD 19 per share

Friday 23 May 2014 14:05 CET | News, an ecommerce company, has priced its initial public offering at USD 19 per share, raising USD 1.78 billion, according to news reports cited by

The company had previously planned for a price range of USD 16 to USD 18 per share for its sale of 93.7 million shares. pricing value reaches USD 25.7 billion before it begins trading on Nasdaq under the ticker symbol JD., which was founded in 1998, launched an English version for global shoppers in 2012.

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Keywords: China,, ecommerce, online shopping, share price, online sale
Categories: Payments & Commerce
Countries: World
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