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Transsion raises $390 million in Hong Kong share sale

Techmeme, citing Bloomberg, says the China-based smartphone company priced the deal near the top end.

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1 Source, 2h ago, first seen 2h ago

TLDR

Techmeme, citing Bloomberg, reports that Transsion raised $390 million in a Hong Kong share sale after pricing the deal near the top end. The China-based company dominates Africa’s smartphone market.

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1 Source

Techmeme@TechmemeChina-based Transsion, which dominates the market for smartphones in Africa, raised $390M from a Hong Kong share sale after pricing the deal near the top end (@sangmi_cha / Bloomberg) (Visit Techmeme dot com for the link and full context!)2h
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    Techmeme@TechmemeChina-based Transsion, which dominates the market for smartphones in Africa, raised $390M from a Hong Kong share sale after pricing the deal near the top end (@sangmi_cha / Bloomberg) (Visit Techmeme dot com for the link and full context!)2h
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