Report
Transsion seeks to raise up to about $428 million in Hong Kong share sale
Techmeme, citing Bloomberg’s Sangmi Cha, says Transsion holds 53% of Africa’s mobile phone market by unit sales.
TLDR
Techmeme, citing Bloomberg’s Sangmi Cha, says a filing shows China-based Transsion is seeking to raise as much as about $428 million in a Hong Kong share sale. Techmeme also puts its share of Africa’s mobile phone market at 53% by unit sales.
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