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Chinese Portable Power Company EcoFlow Is Said to Plan US IPO

Bloomberg Technology
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Chinese Portable Power Company EcoFlow Is Said to Plan US IPO

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000EcoFlow Technology Inc. is considering an initial public offering in the US, according to people familiar with the portable battery maker’s plans, marking a rare move for a Chinese company of that size. Backed by HSG, formerly known as Sequoia Capital China, EcoFlow is working with advisers and could raise at least $300 million in a share sale, the people said, asking not to be identified because the information is private.

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Source: Bloomberg Technology