Chinese TechCrunch rival 36Kr seeks to raise $100m in US IPO

Chinese TechCrunch rival 36Kr seeks to raise $100m in US IPO

Photo: REUTERS/Beawiharta

36Kr, a Chinese website that tracks startup fundraisings in the country, is planning an overseas initial public offering, people with knowledge of the matter said.

The Beijing-based company is considering selling shares of its flagship media business in the U.S. as soon as this year, the people said, asking not to be identified because the information is private. 36Kr, whose website is similar to the TechCrunch portal that chronicles Silicon Valley, is targeting to raise at least $100 million, the people said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter