9158 parent company launches listing in Hong Kong

NetEase Technology June 24 News yesterday, NetEase Science and technology learned that real-time social video platform Day Pigeon interactive Launch Roadshow, will be listed on the Hong Kong Exchange board in July.

Days Pigeon Group is the 9158 video Community parent company, it is reported that the day pigeon interaction will be open for sale about 304 million new shares, the IPO price is 4.5-5.3 Hong Kong dollars, raise capital 13.7-HK $1.61 billion.

Day Pigeon Interactive main business includes 9158 and Sina show, including the eight "Many-to-many" real-time social video community, and a "one-to-many" Community Sina Show, and has entered the hand-travel market, the relevant data show in 2013, China's real-time social video Community market share, the market share of the day pigeon, accounting for up to 33.9%.

According to earnings data, the day pigeon interactive income of 548 million yuan last year, the loss of 92.61 million yuan, deduction of non-advanced expenditure, can be converted to redeem preferred shares and callable common shares of the fair value, adjusted net profit of 206 million yuan.

Day Pigeon Interactive, including founder and chairman of the political Army, Sina and private equity fund IDG, according to Hong Kong media reports, in the current round of the listing, the days before the introduction of the pigeon, including Qihoo 360, West Investment and other 10 cornerstone investment.

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