A Chinese inquiry halted OPay’s $304M US IPO, Bloomberg reports
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Summary
A Chinese regulator’s inquiry led OPay to halt its $304M New York listing hours after pricing it, Bloomberg reported. The Nigeria-focused payments company has no operations or revenue in China, according to the report. Loni Prinsloo and Julia Fioretti reported for Bloomberg that OPay’s only link to China is its founder, Chinese businessman Zhou Yahui. […] This story continues at The Next Web
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