Chinese e-commerce platform Dmall (Beijing) E-commerce Co has hired Bank of America, Goldman Sachs and JPMorgan for a U.S. initial public offering of over $500 million, three people with direct knowledge told Reuters.
The six-year-old company, incubated by retailer Wumart Group, has begun preparations for the IPO and the listing could happen in the second half of this year, said one of them.
