Cango Files Proposed Terms For $138 Million U.S. IPO

The IPO isn’t cheap, but management’s financial results are impressive. Shanghai, China,-based Cango was founded in 2010 to develop an online new vehicle purchase system by connecting car dealers to c... ( read original story ...)

Pinduoduo Readies Plans For Monster U.S. IPO

Existing institutional investors intend to support the IPO valuation with significant purchases at the IPO price. The Shanghai-based company was founded in 2015 to offer a different and more social e- ... ( read original story ...)