An industry source has reported that Chinese group buy site Lashou is unlikely to IPO soon after several investment banks withdrew their support. Lashou.com has yet to make a public statement, and CEO of the company, Wu Bo, has said that no further details can be released at this time.
Editor's Note: For more information on this topic, please see "Rumor: Lashou Considering Overseas IPO," MD 3/10/11 issue.
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