The online question-and-answer platform developer is going public alongside a $250m private placement featuring JD.com, Alibaba, Tencent and Lilith Games.
China-based online answer platform developer Zhihu will go public today in a $523m initial public offering representing an exit for corporates Kuaishou, Tencent, Baidu, Sogou and Sunshine Insurance.
The offering consists of 55 million American depositary shares, each representing half a common share, priced at $9.50 each, at the foot of the IPO’s $9.50 to $11.50 range.
The company will float on the New York Stock Exchange and the offering will take place alongside a $250m private placement consisting of…