WoWo (WOWO) IPO Opens Up 10%

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WoWo Ltd. (WOWO) IPO Prices at $10/ADS

April 8, 2015 8:03 AM EDT

WoWo Ltd. (Nasdaq: WOWO), a leading e-commerce platform serving local lifestyle services merchants and consumers in China, today announced that its initial public offering of 4,000,000 American depositary shares ("ADSs"), each representing 18 ordinary shares of the Company, was priced at $10 per ADS. The ADSs are expected to begin trading on the NASDAQ Global Market today under the ticker symbol "WOWO."

In addition, WoWo... More