Perspectives
Moonbasa.com, the China-based online retailer, hired Barclays Plc, Deutsche Bank AG and Bank of America Corp. for an initial public offering on the Nasdaq Stock Market, said two people with direct knowledge of the situation.
Moonbasa, which plans to go public by the end of the year, may seek to raise about $150 million in an IPO, said one of the people, who declined to be identified because the company’s plans aren’t public.