Updated: Tecno’s Transsion Closed at $6.5 billion on IPO Debut

Update: this post has been updated – Transsion’s (makers of Tecno) closed at $6.48 billion valuation on its IPO debut, well ahead of $4 billion it was priced. The Chinese smartphone company that’s taken Africa by storm had a gangbusters stock market debut. Transsion, which dominates Africa’s phone market with its Tecno brand, soared as much as … Continue reading Updated: Tecno’s Transsion Closed at $6.5 billion on IPO Debut