Matrix-backed Chinese online home renovation platform Tubatu files for HK IPO

Matrix-backed Chinese online home renovation platform Tubatu files for HK IPO

REUTERS/Bobby Yip

Venture-backed Tubatu, China’s largest online home renovation platform, is heading to Hong Kong for an initial public offering (IPO) that could raise an estimated $200 million even as the company continues to lose money.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter