99 Wuxian to raise $25m for potential offshore listing

Chinese mobile commerce company 99 Wuxian is seeking to raise $25 million to step up marketing ahead of a potential offshore listing.

Sarah Thompson, Anthony Macdonald and Gretchen Friemann

Updated Aug 5, 2014 – 3.42pm, first published at 10.55am

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Chinese mobile commerce company 99 Wuxian is seeking to raise $25 million to step up marketing ahead of a potential offshore listing.

99 Wuxian went into a trading halt on Tuesday morning as brokers Foster Stockbroking and Investorlink Securities contacted investors for the raising.

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