Alibaba-Backed Chinese Online KOL Incubator Ruhnn Raises $125M In US IPO

Login to View
One of the most influential online celebrities supported by Chinese KOL incubator Ruhnn is Zhang Dayi, who has over 10 million followers on Chinese microblogging website Sina Weibo as of April 4, 2019.

Ruhnn Holding Ltd, a Chinese online celebrity incubator backed by the country’s e-commerce giant Alibaba, has raised US$125 million in a downsized initial public offering (IPO) on the Nasdaq on late Wednesday.

China Money Network

Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech

Register Now

Want to read this important story?

Access thousands of news articles and data posts over the past 9 years!

Already have an account or paid subscription? Log in

Caishen.Co - Primary Data for China Secondary Investment and Stock Markets