Saturday, March 27, 2021

China-based Q&A service Zhihu closed down 11% in its US trading debut on Friday, after raising $522.5M in an IPO; Zhihu had 75.7M MAUs in Q4 2020, up 33% YoY (Julia Fioretti/Bloomberg)

Julia Fioretti / Bloomberg:
China-based Q&A service Zhihu closed down 11% in its US trading debut on Friday, after raising $522.5M in an IPO; Zhihu had 75.7M MAUs in Q4 2020, up 33% YoY  —  - Zhihu falls 11% in U.S. trading debut after $522.5 million IPO  — Alibaba, JD.com, Tencent join $250 million private placement



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