China-based Q&A service Zhihu closed down 11% in its US trading debut on Friday, after raising $522.5M in an IPO; Zhihu had 75.7M MAUs in Q4 2020, up 33% YoY (Julia Fioretti/Bloomberg)

Julia Fioretti / Bloomberg:
China-based Q&A service Zhihu closed down 11% in its US trading debut on Friday, after raising $522.5M in an IPO; Zhihu had 75.7M MAUs in Q4 2020, up 33% YoY  —  - Zhihu falls 11% in U.S. trading debut after $522.5 million IPO  — Alibaba, JD.com, Tencent join $250 million private placement



from Techmeme https://ift.tt/3cqnWZK

Comments

Popular posts from this blog

Microsoft says it has no plans to add more backward compatible titles for Xbox One, but says Project Scarlett will run games from all four Xbox generations (Tom Warren/The Verge)

An in-depth look at Mike Speiser's investment playbook at Sutter Hill Ventures, who as a founding investor incubated Snowflake Computing as an interim CEO (Kevin/kwokchain)

Tencent-backed Chinese online education startup Huohua Siwei, which offers K-12 math and science courses, closes its $400M Series E at a $1.5B valuation (Emma Lee/TechNode)