Sequoia-backed Chinese e-cigarette brand RLX files for $100m US IPO

Sequoia-backed Chinese e-cigarette brand RLX files for $100m US IPO

RLX Technology, a Chinese e-cigarette brand backed by Sequoia Capital China, has filed with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO) to raise $100 million – likely a placeholder amount subject to change.