The Tencent and Bertelsmann-backed social commerce platform has spoken to potential advisors and underwriters about an offering that could value it at $4bn.
Meilishuo, a China-based fashion e-commerce platform backed by internet group Tencent, is speaking to banks about an initial public offering in the US, Bloomberg reported today.
The offering could value the company at up to $4bn, according to people familiar with the matter, and it has spoken to potential advisors and underwriters about roles in the IPO.
Meilishuo was founded in 2009 and merged with social commerce company Mogujie in early 2016 in a deal that valued the newly…
