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Tuesday, April 9, 2019

China online plastic surgery marketplace So-Young Intl files for $150M US IPO

So-Young International, a China-based online marketplace for plastic surgery services, filed on Monday with the SEC to raise up to $150 million in an initial public offering.
The Beijing, China-based company was founded in 2013 and booked $92 million in revenue for the 12 months ended December 31, 2018. It plans to list on the Nasdaq under the symbol SY. So-Young International filed confidentially on December 26, 2018. Deutsche Bank and CICC are the joint bookrunners on the deal. No pricing terms were disclosed.

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