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Youdao Confident in Long-Term Plans After IPO, CEO Says

Oct.25 — Youdao fell 20% after raising $95 million in the IPO, as shares of Chinese companies that went public in the U.S. this year are down on average of 12.8% from their offer prices. Despite the trade tension and talks on stricter rules on Chinese companies, Youdao still chose to go public in the…

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Oct.25 — Youdao fell 20% after raising $95 million in the IPO, as shares of Chinese companies that went public in the U.S. this year are down on average of 12.8% from their offer prices. Despite the trade tension and talks on stricter rules on Chinese companies, Youdao still chose to go public in the U.S. following the footstep of its parent NetEase, which went public at Nasdaq in 2000. Bloomberg’s Yueqi Yang spoke to Youdao Chief Executive Officer Feng Zhou following the companies debut on the New York Stock Exchange.

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5 Comments

5 Comments

  1. Everyone But China

    October 25, 2019 at 10:34 pm

    Brainwash all the next generation from CCP, don’t support its IPO

    Reply

  2. Everyone But China

    October 25, 2019 at 10:40 pm

    Let’s make history for this brainwash machine to go away where its belong, the world don’t need CCP’s company to be listed in this freedom world

    Reply

    • Colin Yuan

      October 25, 2019 at 11:54 pm

      good, maybe you can explain why the rest world still buy some China-made shit? isn’t the free world itself a shit?

      Reply

    • 喃來呗往

      October 26, 2019 at 5:17 am

      America is not great again because of people just like you.

      Reply

  3. Leonardo BrawijayaMRQ

    October 26, 2019 at 7:38 am

    some people say….
    don’t invest in china, your money kill alot of people.

    Reply

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