| HOME PAGE | RESOURCES | MOST POPULAR | EDITORS PICKS | EDITORS BLOG | Free 7-Day Trial | Login |
Try The China Perspective Free |
Consumer and Retail |
|
| Saturday, August 30, 2008 05:50:02 |
Acorn plans 200 million Nasdaq listing
Acorn International, China's largest home shopping company, plans an initial public offering on Nasdaq that will raise 200 million US dollars, Forbes reported, citing the South China Morning Post reported.Acorn sells about 60 brand-name consumer products through satellite television channels. Its major product lines include home electronics, cosmetics, health and fitness and car products, said Forbes, quoted SCMP as saying. Morgan Stanley and Credit Suisse are arranging the share sale, the report said.
It is estimated that China's total home shopping market would worth two billion US dollars by 2008.
|
Today’s Daily Briefs E-Mail
Sign up for a roundup of the day’s top stories, sent every day.
|
|
|
|
| Archive | About us | Affiliates | Privacy Policy | Contact us | Keywords China News | Subscriber Agreement & Terms of Use |
|