Chinese social e-commerce platform Yunji raises $121m in US IPO

Chinese social e-commerce platform Yunji raises $121m in US IPO

REUTERS/Eric Thayer

Chinese social e-commerce platform Yunji has raised $121 million in its initial public offering (IPO) in the US after selling 11 million American Depositary Shares (ADSs) at $11 apiece, according to its latest regulatory filing.

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