The group buying website, backed by Reinet Investments, an investment company which span off from luxury goods group Richemont, and daily deals company Rebate Networks, files for an IPO set to raise up to $100m.
China-based group buying website Lashou.com filed with the US Securities & Exchanges Commission for an initial public offering (IPO) on Friday. The IPO could be worth up to $100m.
According to the filing, Lashou’s shareholders include venture capital fund GSR Ventures, which owns 38.9%, and Rebate Networks, which holds 12.1% of Lashou’s stock. Germany-based Rebate has either founded or invested in 24 daily deal and group buying websites around the world.
Rebate and GSR were among Lashou’s series B…
