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Rumor: Lashou May Cancel IPO

Tencent Tech, 11/10/11

Chuan Thor, Shanghai general manager of Highland Capital Partners, said today that a Wall Street investment banker source has told him Chinese group buy site Lashou has considered canceling its IPO, currently scheduled for November 14.

A PR spokesperson for Lashou said that both the company's CEO, Wu Bo, and CFO, James Jian Zhang, are now in the United States, but that neither of them have relayed any information which would confirm the rumor.

Keywords: Chuan Thor B2C Internet IPO Highland Capital Lashou Wu Bo James Jian Zhang e-commerce group buying


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