DST-backed Chinese startup Fenqile said to plan $600m IPO

DST-backed Chinese startup Fenqile said to plan $600m IPO

REUTERS/Petar Kujundzic

Fenqile, a Chinese online shopping mall that lets users pay in installments, is planning a U.S. initial public offering that could raise about $600 million, according to people with knowledge of the matter.

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