According to the latest News, The China online Apparel retailer Vancl has asked 5 invest banks response its US IPO which reaches 1 billions Dollars. The 5 Invest Banks are Morgan Stanley, CICC, Citigroup, Credit Suisse, Goldman Sachs.
This Trade will be finished in the Forth Quater of this year which may be the largest scale IPO among China Internet Companies.
Vancl was built up on 2007, It has been one of the Top 4 B2C website in these years. It has obtained 3 time invest from IDG, Ceyuan Ventures, SAIF, Qiming Venture Partners
Vancl Brief introduction
started in 2007 as a specialty men’s shirt e-retailer, and has become the No.1 internet apparel brand in China. We are focused on bringing quality men and women’s fashions, shoes, and other lifestyle goods at reasonable prices to our customers. Currently, our designers come from around the globe, including Spain, Japan, and Korea.
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