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Aggregated China Business Blogs
PE-Backed Sungy Mobile Completes $79M IPO
Aggregated Source: China Money Network
Guangzhou-based Chinese mobile content and service provider Sungy Mobile completed an IPO on the NASDAQ, raising a total of $79 million by offering 7.0 million ADSs at $11.22. The company initially filed for an $80 million IPO at a price range of $9.50 to $11.50. Before the IPO, IDG Capital Partners held 28.8% of Sungy […]

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