Dasouche lists on Nasdaq, becoming the first Chinese company to go public in the U.S. in 2026
Summary
Dasoqiche listed on the Nasdaq on June 27, becoming the first Chinese company to go public in the U.S. in 2026. The used-car trading platform raised about $51 million through the sale of 3 million ADSs at $17.00 each, before underwriters exercised any overallotment. The company is based in Hangzhou and frames the listing as a major step in its international expansion strategy. The deal involved Deutsche Bank, CICC, Huaxing Capital, and ICBC International as underwriters.
Classifications
industries
Non-Profit
applications
E-Commerce & Retail
AI Classifications
Labels
Automotive Software
SaaS
B2B Platforms
