Is Showroomprive.com IPO enough to make it global?

Friday morning saw French flash-sales site Showroomprive.com raise 256 million euros in its initial public offering, after shares sold at the bottom end of the preset price range. Showroomprive.com goal for its IPO was to raise at least 50 million euros to fund its overseas expansion and global growth, which it achieved, whilst existing shareholders sold stock for approximately 176 million euros.