Tencent-Backed Kanzhun Seeks up to $912 Million in U.S. IPO
(Bloomberg) — Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin, is looking to raise as much as $912 million in its U.S. initial public offering, braving the market at a time when many other companies are choosing to wait on the sidelines.
Kanzhun, backed by Chinese internet giant Tencent Holdings Ltd., is offering 48 million American depositary shares at between $17 and $19 apiece, according to a filing with the U.S. Securities and Exchange Commission. Each ADS represents…
