Tencent-backed Soulgate scraps US IPO plans following new offers to raise capital
Photo: REUTERS/Brendan McDermid/Files
Soulgate Inc, the Chinese social networking app backed by Tencent Holdings Ltd, has halted plans for its initial public offering in the United States, the company said on Wednesday.
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Founded in 2016, Soulgate is an algorithm-driven online social playground in China.
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