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Since news first came out of its IPO plans, Cushman & Wakefield’s closest publicly traded peers, CBRE Group and Jones Lang LaSalle have climbed 57% and 76% respectively. That’s influenced the decision to consider listing this year.
iQiyi aims to raise as much as $2.4 billion through its IPO, offering 125 million American depositary shares at $17 to $19 apiece.
Qu Toutiao has no connection to the more popular Jinri Toutiao run by Beijing ByteDance Technology Co.
IQiyi, whose streaming-video service is similar to American rival Netflix Inc., is aiming for a public market valuation of as much as $10 billion.
The employment website operator is aiming to sell shares in the second half of 2018.
Dropbox, which was valued at $10 billion in its 2014 funding round, would be one of the biggest U.S. enterprise technology companies to list domestically in several years.
Raising cash could help the company further expand or pay off some of the debt.
A share sale by San Francisco-based Dropbox, one of a closely watched group of high-profile private tech companies with multibillion-dollar valuations, would follow Snap Inc.’s disappointing step into the public markets.
Tencent is Sogou’s largest shareholder with a 44% stake before the offering.
Fifteen Asian companies have raised $3.2 billion in US IPOs and seen their shares climb 46% since their listings this year.