Da Sou Che (DSC.US) goes public in the US and plans to raise 51 million US dollars: Ant Group holds nearly 60% of the shares, aiming for a valuation of 900 million US dollars.
Chinastocks APP learned that DSC Holdings, a Chinese second-hand car dealer operating system and trading service provider, announced the terms of its IPO on Wednesday. The company plans to issue 3 million ADS at a price range of $16 to $18 to raise $51 million. Based on the median of the proposed price range, DSC Holdings' fully diluted market value will reach $905 million.
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