iDreamSky prices US IPO at top

Strong institutional demand allowed the Chinese mobile game platform operator to raise $158.8 million and increase the share price from the initial range.
iDreamSky has a portfolio of more than 80 mobile games
iDreamSky has a portfolio of more than 80 mobile games
August 07, 2014

iDreamSky Technology has secured $158.8 million from its Nasdaq initial public offering after selling 7.7 million American depository receipts at $15 each, comfortably surpassing the original amount it sought to raise.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Related Articles

Srini Kannan to return to Citi in India

Citi Commercial Bank in India has appointed Kannan as head of digital, technology, communication, business & professional services and industrials; he will join in December and has worked at JP Morgan for over 15 years.
October 15, 2025