Top 9 US-listed Chinese companies going private
(chinadaily.com.cn) Updated: 2015-06-16 06:467. Taomee
Taomee Holdings received a non-binding buyout offer from its senior executives, announced the children's entertainment company on May 30, adding to a growing number of US-listed mainland firms that seek privatization.
Its share rose 4.8 percent from the beginning of this year against a nearly 60 percent gain in China's benchmark Shanghai Composite Index.
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An employee presents the stand of Taomee with toys made by the company at Shanghai TV festival exhibition in Shanghai on June 12, 2014. [Photo/IC] |
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