Secoo Holding (SECO ) is a Chinese based, online retailer but they focus specifically on pre-owned, luxury brands. They hope to raise $106 million, but analysts note that the competition in China's online, luxury market has intensified thanks to Alibaba, and JD.com (JD ). Expect to see 8.5 million shares at an initial range of $11.50 - $13.50.
After a few weeks of a calm IPO market this week promises to be the most active week since July with a total of seven IPO's on the block. In total they hope to raise $1.6 billion with the largest offering looking for about half of the total.
First up is Best (BSTI ) which is a Chinese based logistics and supply chain solutions company. This one has a little more attention surrounding it as Alibaba (BABA ) is a large backer of the company. They will be looking for $869 million by offering 62.1 million shares at a range of $13 - $15.
The next largest of the group this week is Latin America's leading online travel agency, Despegar.com (DESP ). The company touts their ability to grow during all economic cycles which they claim allows them to be the dominant player going forward. They will be looking to raise $313 million by offering 12.7 million shares at a range of $23 - $26.
Oasis Midstream Partners LP (OMP ) is a master limited partnership out of Texas "formed to own oil and gas assets in the Williston Basin." They are looking for $150 million in exchange for 7.5 million shares at a range of $19 - $21 offered to the public.