Ant Financial and Nikkei will have the chance to exit Chinese media and startup services provider 36Kr, which has filed for a $100m initial public offering in the US.

China-based media and startup services group 36Kr yesterday filed for a $100m initial public offering that will provide exits for financial services firm Ant Financial and publishing group Nikkei.

The company will list on the Nasdaq Global Select Market. Reports in May 2019 suggested 36Kr Media, a news portal spun out of 36Kr, was preparing to raise $100m in its own flotation, though it is unclear whether that will still go ahead.

Founded in 2010 as a technology…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.