Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Rumor: Xunlei to IPO in US This Year

Sohu IT, 3/03/11

According to industry insiders, Chinese online P2P video service provider, download accelerator software developer, and online game operator Xunlei is planning a USD 200 mln IPO on a US exchange this year. Xunlei has retained JP Morgan Chase and Deutsche Bank as lead underwriters.

Last year there were reports that Xunlei was preparing to list either on the Nasdaq or Hong Kong Stock Exchange in 2011.

CEO Sean Zou has set the company a market valuation target of USD 10 bln within 3 to 5 years.

Editor's Note: For more background on this topic, please see "Xunlei to IPO Overseas Next Year" MD 9/13/10 issue.

Keywords: Sean Zou Deutsche Bank Internet IPO Hong Kong Stock Exchange Nasdaq software Xunlei JP Morgan P2P online gaming


Please note, all fields are required.
None of your personal information will be shared with third parties.



The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports