Nov. 21st , YY Inc. priced its 7.8 million share IPO in Nasdaq at $10.50 and began trading on that day. In 2011, Tiger invested $76m in YY, and now the value was almost halved to approximately $40.27m.
Since 2003, Tiger Fund has started sowing seeds in China tech industry, with ecomm being its main focus. How did the tiger hunt China’s technie pandas? Maybe we can uncover some clues by reading its footprints that local media tracked.
Getting over Dangdang
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