The classified listings website, spun out of eBay, is seeking a flotation on Chinese stock exchange National Equities Exchange and Quotations.
Baixing, the China-based classified listings platform spun out of e-commerce company eBay, has filed for an initial public offering on China’s National Equities Exchange and Quotations (Neeq), China Money Network reported today.
Established in 2005, Baixing operates an online classified listings service. It was originally launched as Kijiji.cn but rebranded in 2008.
The service claims more than 10 million monthly active users across 367 cities in China.
In March 2015, the company was reportedly raising $354m in series E funding.…