Sequoia China-backed Spark Education withdraws $100m US IPO

Sequoia China-backed Spark Education withdraws $100m US IPO

REUTERS/Eric Thayer

Spark Education, a Chinese K12 after-school tutoring firm backed by Sequoia Capital China, has filed to withdraw its initial public offering (IPO) in the US, joining a list of Chinese firms that have flocked to pull the plugs on planned listings this year.