Deals
Fast-Growing China Snack Retailer Busy For You Weighs $200 Million IPO, Sources Say
- Busy For You hasn’t decided on A share or Hong Kong as venue
- Chain opened more than 3,000 stores since founding in 2017
This article is for subscribers only.
Busy For You, a Chinese snack shop chain, is considering an initial public offering that could raise $100 million to $200 million, according to people familiar with the matter.
The company, whose name literally translates as Snack Very Busy, is weighing a listing in China’s domestic A share market or in Hong Kong, the people said, asking not to be identified as the information is private. An IPO could happen as early as next year if the company chooses Hong Kong, where the regulatory process is quicker, one of the people said.