Venture-backed China Online Education Group, the operator of online English language education firm 51Talk, has completed an initial public offering in the U.S. raising an aggregate of approximately US$45.6 million. The company placed 2.4 million American Depositary Shares (ADS) at US$19 apiece. The above issuing size is assuming no over-allotment options are exercised. At the […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.