Guangzhou-based Chinese mobile content and service provider Sungy Mobile has filed for a US$80 million IPO on the NASDAQ.
Founded in 2004, Sungy Mobile mainly provides GO platform and products. In addition, Sungy also operates a mobile internet portal 3G.cn and mobile reading services. It has offices in Beijing, Shanghai and San Francisco.
The company generated US$22.7 million in the first half of 2013, an increase of 87%, with US$5.45 million in net profit.
The company plans to trade under ticker symbol GOMO.
Credit Suisse and J.P. Morgan are the joint book runners on the deal.