WoWo O2O $ 65 million or China’s first melting unit

Latest news, life Tuan updated service platform to the United States Securities and Exchange Commission filed a prospectus financing amount from previous IPO target to raise $ 40 million to $ 65 million. If the listing is successful, Tuan will become the first Chinese O2O unit also will be in 2015 the first Chinese Internet company listed in the United States. Industry analysts believe that Tuan us listings O2O provide strong financial support for their development and capital improvements to help increase their differentiation and the competition. According to Tuan original prospectus, however, Tuan 2014 years ago 9-month net sales of $ 20.642 million, a net loss of as much as $ 32.447 million, or can not be optimistic about the prospects of development.