www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Technology

Momo shares surge on Alibaba's backing the buyout

By Dai Tian (chinadaily.com.cn) Updated: 2016-04-07 14:07

Momo shares surge on Alibaba's backing the buyout

Tang Yan (center, front), founder and chief executive officer of China's mobile social networking platform Momo Inc attends the ceremony of ringing the opening bell at the NASDAQ in New York, the United States, Dec 11, 2014. [Photo/Xinhua]

Dating app Momo surged 33.6 percent after a regulatory filing showed Alibaba Group Holding's finance affiliates joined the group seeking to take the company private.

Momo closed at $16.09 per American depository receipt on Wednesday, up $4.05, marking its biggest gain since the dating platform went public, raising $248 million on the NASDAQ in December 2014.

According to the filing, Alibaba Investment and Rich Moon, or Yunfeng Fund, have become the latest members backing a buyout of Momo that chairman and CEO Tang Yan proposed last June.

The consortium group also includes Matrix Partners China, Sequoia Capital China and Huatai Ruilian Fund Management.

The history between Alibaba Group and Momo dates back to as early as 2012, just one year after its founding, when the e-commerce giant acquired 20 percent stake in the company. Momo named Alibaba's co-founder Joseph Tsai as its board director in February.

Analysts expect the privatization to proceed more smoothly with strong backing, as according to Bloomberg, only seven out of the 40 US-traded Chinese firms that earlier proposed privatization over the past 12 months have completed the process.

Last month, shareholders of New York-listed Qihoo 360 approved a $9.3 billion privatization plan, as the company aims a domestic initial public offering later this year.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产成人综合久久精品亚洲 | 欧美久久久久 | 亚洲一区毛片 | 中文字幕精品在线观看 | 国产成人精品综合在线观看 | 国产一区二区久久 | 久久伊人操 | 亚洲国产免费 | 国产精品亚洲二区 | 真人一级毛片免费完整视 | 有码一区| 日本特一级毛片免费视频 | 免费看国产精品久久久久 | 中文乱码字幕午夜无线观看 | 久久久网久久久久合久久久久 | 亚洲视频在线观看视频 | 黄页网站18以下禁止观看 | 亚洲男人在线天堂 | 毛片在线高清免费观看 | 欧美一级毛片不卡免费观看 | 播放一级毛片 | 成人三级视频在线观看 | 日韩欧美精品一区二区三区 | 成人午夜在线视频 | 免费真实播放国产乱子伦 | 亚州一二区| 男女视频在线观看 | 亚洲欧美另类色妞网站 | 亚洲国产精品热久久2022 | 亚洲欧洲一区 | 日韩欧美国产一区二区三区 | 精品欧美一区二区三区在线观看 | 国产成人看片免费视频观看 | 午夜在线成人 | 日韩欧美精品一区二区 | 中文字幕国产专区 | 精品视频99 | 手机在线观看一级午夜片 | 视频精品一区二区三区 | 香蕉香蕉国产片一级一级毛片 | 欧美日韩国产亚洲综合不卡 |