Home >

Tudou Market Capitalization 710 Million Dollars &Nbsp; Wang Micro Wealth Amounted To 7524 Dollars.

2011/8/18 14:53:00 49

Tudou Market Capitalization Wang Wei

On the evening of August 17th, the video website Tudou successfully landed on NASDAQ.

list

The trading code is "TUDO" and the issue price is $29. If the price is 25.11 dollars at the opening price, its market value will reach US $710 million.


According to Tudou to the United States

Negotiable securities

The prospectus submitted by the Trading Commission (SEC) revealed that after the launch of IPO, the founder of Tudou network and CEO Wang Wei (micro-blog) will sell 430 thousand shares of ADS.

Wang Wei's shareholdings will fall from 12.7% to 8.6% after IPO.


Among them, according to the 430 thousand shares in accordance with the issue price of US $29, the remaining shares are calculated according to the opening price of US $25.11.

Gary

Personal wealth is 7524 dollars.


The potato issue 6 million shares of ADS (American depositary receipt), each American Depository Receipt equivalent to 4 shares of class B common stock.

Among them, 5 million 570 thousand shares of ADS are newly issued shares, and 430 thousand shares of ADS are sold by Wang Wei.


The potato market will raise $174 million, and Credit Suisse and Deutsche Bank will become the joint underwriter of Tudou's IPO.


With the success of the potato landing on Nasdaq, there are now four major listings of Youku, music, cool 6 and potatoes in the private video website.

Among them, Youku went to the New York Stock Exchange in the United States, music as landing gem, cool 6 backdoor listing, and potatoes went to the U.S.

  • Related reading

Chen Yizhou: Internet Co'S Acquisition Of Mobile Terminals Will Become A Trend

Local businessmen
|
2011/8/18 14:25:00
57

Unilever Vice President Of China: I Thought The Company Was Stupid.

Local businessmen
|
2011/8/17 13:51:00
39

Shi Yuzhu Loves Financial Industry &Nbsp; He Intends To Invest Insurance Personally.

Local businessmen
|
2011/8/16 10:46:00
45

Wang Shutong Talked About Entrepreneurship: He Was Forced To Go Around When He Was Short Of Funds.

Local businessmen
|
2011/8/15 14:31:00
48

Chen Xuejun: Starting A Business Is Playing.

Local businessmen
|
2011/8/15 14:20:00
44
Read the next article

The Cost Has Brought Unprecedented Pressure To China's Garment Industry.

At present, China's clothing industry, which has survived the financial crisis, is facing an extremely awkward situation. Under the increasingly fierce competition at home and abroad, the pressure of RMB appreciation, shortage of migrant workers and rising raw materials is gradually eroding the profits of the industry.