Chinese fitness app Keep raises $38.3m in lacklustre Hong Kong IPO

Chinese fitness app Keep raises $38.3m in lacklustre Hong Kong IPO

Photo: Jonathan Borba / Unsplash.com

Keep Inc., China’s most popular fitness app backed by SoftBank’s Vision Fund and Tencent Holdings, raised HK$300 million ($38.3 million) from its initial public offering in Hong Kong, coming up short of a previous valuation.

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