QuantaSing Group, a Chinese online learning service provider, raised about $41 million in its initial public offering (IPO) in the US, after pricing the deal at the middle of the range.
The company announced that it offered 3.3 million American depositary shares (ADSs) at $12.50 apiece, the mid-range of its $11.50 to $13.50 target when it filed its prospectus in December.
