Chinese Online Fitness Platform Keep Inc. Refiles Application for Hong Kong IPO


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By Clarence Leong Chinese online fitness platform Keep Inc. has refiled its application for an initial public offering in Hong Kong to raise funds for research and development and new hiring, as it seeks to expand its footprint in the country. Beijing-headquartered Keep, which offers live-streamed and recorded fitness classes, fitness devices including stationary bikes and health-monitoring wristbands, and exercise products like yoga mats and gym wear, said in a filing to the Hong Kong stock exchange late Tuesday that it plans to hire about 300 engineers in the next three years to boost its research and development. Its plan...