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Car Maintenance E-Commerce Platform Tuhu Updates Prospectus to Debut in Hong Kong
Tuhu Car Inc., an e-commerce platform for automobile maintenance, has updated its prospectus on March 30 to debut on the Hong Kong Stock Exchange. This marks the company’s third submission of a prospectus and it is being jointly sponsored by Goldman Sachs, CICC, Bank of America, and UBS. Tuhu, a Shanghai-based company established in 2011 with the goal of simplifying car maintenance, offers users various services and products such as tire replacement, car detailing, and automotive supplies. The company submitted its prospectus for an IPO to the Hong Kong Stock Exchange in January 2022. However, its application status was changed to “invalid” in July of that year because it did…


