Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Rumor: PPS to IPO in Early July

Tencent Tech, 6/27/11

An industry insider claims that Chinese P2P-based online TV operator PPStream (PPS) will IPO in the US in early July. Merrill Lynch and UBS will reportedly underwrite the IPO, in which PPS hopes to raise USD 100 mln. The source said that PPS would list after July 4. Thus far, however, PPS has not submitted an IPO application or prospectus to the SEC.

PPS president Xu Weifeng and PPS spokespeople declined to comment on the rumor.

Keywords: Xu Weifeng Internet IPO PPStream Merrill Lynch P2P UBS online video


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