according to bloomberg, was quoted as saying, according to people familiar with the public comments on the net is planning to us listings, is to communicate with Goldman sachs, Morgan Stanley and deutsche bank.
the sources, the public comment on listing could raise $500 million to $1 billion. Other domestic investment banking advisers huaxing capital will also participate in the IPO.
vw’s review was founded in 2003, mainly to provide users with local merchants search services and consumer reviews, at present already past 11 years. As of December last year, the public comments on network covers 2300 cities, with 30 million article reviews information. The company has more than 75% of the traffic from mobile users, as of last December’s independent mobile users more than 90 million.
so far, the public comments have experienced four rounds of financing. In January 2006, the public comments on net in the first round of financing, the investor is sequoia capital. In May 2007, the public comments on net for a second round of financing, the investor for Google. In 2011, the public comments on the net get zhi capital letter, sequoia capital, qiming, the speed of light joint venture four $100 million investment, once valued at $1 billion. In 2012 the company plans to get a $60 million investment.
to be sure, tencent also in February of this year to buy public comment on 20% of the company, and for the latter provided WeChat entrance, and cooperate on other products. At that time, said in an interview on the public comment on CEO zhang, intends to independent companies, and tend to the American market. Before long, he also predicted that the public comment on the net is expected to be profitable in 2014 at the earliest.
the most public comments on the biggest competitors, are stepping up the pace of expansion, and network CEO Mr Wang said last month was considering going public. This also means that the public comments and beauty will be listed on the race.