China Online Education files for a $100 million IPO

China Online Education Group, a China-based online education platform focused on English proficiency, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.

The Beijing, China-based company was founded in 2012 and booked $31 million in sales for the 12 months ended March 31, 2016. It has not chosen an exchange or ticker. Morgan Stanley and Credit Suisse are the joint book runners on the deal. No pricing terms were disclosed.

Share on Google Plus

About Jessica Hornberger

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.