Secoo Holding (NASDAQ: 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 (NYSE: 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 (NYSE: BSTI) which is a Chinese based logistics and supply chain solutions company. This one has a little more attention surrounding it as Alibaba (NASDAQ: 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 (NYSE: 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 (NYSE: 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.