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Chinese mobile gaming company Chukong plans US IPO

2/24/2014

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Chinese mobile gaming company Chukong plans to raise $150 million in a US IPO. The IPO, reportedly led by Deutsche Bank and Morgan Stanley, is expected to commence in the second half of 2014. Chukong is the maker of Fishing Joy, one of China's most popular mobile games, with more than 200 million users. Chukong's US investors include Northern Light Venture Capital, Steamboat Ventures, Sequoia Capital and GGV Capital.    

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