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IPOs
by Greg Cruey on July 19, 2008
The Deal.com thinks so. They published a piece this week in which they concluded that "Chinese Internet company Oak Pacific Interactive is considering a public offering either in Hong Kong or the U.S."
Oak Pacific operates Mop.com which The Deal.com describes as "a social networking site that is a copy-cat of U.S.-based Facebook and was picked up in an acquisition in 2006."
SoftBank Corp., SBI, and JOHO Capital were among the investors a few months ago when Oak Pacific raised $430 million in new funds. The strength of that fundraising effort makes many analysts suspect that Oak Pacific has something big on the horizon...
© Daneel Ariantho
Oak Pacific operates Mop.com which The Deal.com describes as "a social networking site that is a copy-cat of U.S.-based Facebook and was picked up in an acquisition in 2006."
SoftBank Corp., SBI, and JOHO Capital were among the investors a few months ago when Oak Pacific raised $430 million in new funds. The strength of that fundraising effort makes many analysts suspect that Oak Pacific has something big on the horizon...
© Daneel Ariantho
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/129272
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