Only the first day of trading market value of about 292 million U.S. dollars

News and information Technology March 23, the Electronic Business website only the product will be tonight in the NYSE IPO (initial public offering), the opening price of 5.99 U.S. dollars, more than 6.5 U.S. dollars in the issue of 7.85%. The estimate, which is about $292 million trillion, has also become the first Chinese internet company to land in the U.S. stock market in the year.

Only goods will determine the IPO price of 6.5 U.S. dollars, compared to the previous announcement of the 8.5 to 10.5 U.S. dollar lower limit of the range of prices down 23.5%, the plan to issue 11 million shares, additional 15% of the excess placements;

NYSE announced that only the goods will be landing on March 23, the NYSE, the trading code is "VIPS." Goldman Sachs and Deutsche Bank will be the main underwriters of the IPO.

Only the prospectus shows that from August 22, 2008 to December 31, only the net revenue of the goods will be 1087 U.S. dollars, 2009, 2010 and 2011, only the net revenue of the goods will be 2.8 million U.S. dollars, 32.58 million U.S. dollars and 227 million U.S. dollars, the corresponding net losses in the same period amounted to 315,400 U.S. dollars, 1.3807 million dollars, 8.3658 million dollars and 107 million dollars.

Dangdang CEO Guoqing said on 23rd, the only product will be in Hong Kong road performance met Cold, did not get any orders.

Data show that the only product will be established in 2008, is a brand discount network, with a large discount than the retail price offers including fashion, skin care products, bags, leather goods, accessories, perfume and other goods.