Gree (TSE:3632) and Paperboy (JASDAQ:3633) went public on December 17th and 19th respectively as we reported before. Gree’s IPO price is 3,300yen ($33) per share. On 17th, Gree stock opened with 5,000yen ($50), and closed with 4,800yen ($48). Its market capitalization, 107 billion yen ($1B), is larger than Mixi (TSE:2121). Gree issued 1.2 million new… Continue reading Gree and Paperboy stocks trade much above IPO prices
Tag: Paperboy
Paperboy & co. goes public
18th November 2008, Japanese web hosting company Paperboy (J) (JASDAQ:3633) announced that the company will be listed to JASDAQ stock market on December 19th. Paperboy runs services like Lolipop (J), Heteml (J), and Jugem (J). Kazuma Ieiri started the business in October 2001 in Fukuoka. Paperboy is providing hosting services for consumers with very low… Continue reading Paperboy & co. goes public