The Tencent-backed cosmetic procedure-booking and social media platform floated at the top of its range in a US offering that came after more than $229m of funding.

SoYoung, the China-based cosmetic surgery booking and reviews platform backed by internet group Tencent, will float on the Nasdaq Global Market today in a $179m initial public offering.

The offering involved SoYoung issuing 13 million American depositary shares (ADSs), each of which represents 10 normal shares, priced at $13.80 each, at the top of the IPO’s $11.80 to $13.80 range.

SoYoung runs an online platform where users can book a variety of cosmetic procedures while also accessing reviews and…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.