Soulgate, a Tencent-backed social networking platform based in Shanghai, has filed to raise up to $100 million in an initial public offering in the US even as it continues to burn money since 2019, its filing with the Securities and Exchange Commission showed.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com