Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Rumor: Lashou May Cancel IPO

Tencent Tech, 11/10/11

Chuan Thor, Shanghai general manager of Highland Capital Partners, said today that a Wall Street investment banker source has told him Chinese group buy site Lashou has considered canceling its IPO, currently scheduled for November 14.

A PR spokesperson for Lashou said that both the company's CEO, Wu Bo, and CFO, James Jian Zhang, are now in the United States, but that neither of them have relayed any information which would confirm the rumor.

Keywords: Chuan Thor B2C Internet IPO Highland Capital Lashou Wu Bo James Jian Zhang e-commerce group buying

Feedback

Please note, all fields are required.
None of your personal information will be shared with third parties.

SendingSending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports