Private Equity
January 25, 2021 3:44 PMThe short video start-up is selling 365 million shares at HK$105 to HK$115 each. : HONG KONG (BLOOMBERG) - Kuaishou Technology, the operator of China's most popular video service after ByteDance's Douyin, is seeking to raise as much as US$5.4 billion (S$7.2 billion) in the world's biggest internet initial public offering since Uber Technologies. The short video start-up, backed by Tencent Holdings, is selling 365 million shares at HK$105 to HK$115 each, according to terms of the deal obtained by Bloomberg News.

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