KATHMANDU, June 30: A social networking site established in the United States on Nepali investment – sagoon.com – has opened Initial Primary Offer (IPO) for the interested and eligible investors. 

Headquartered in the US capital Washington DC, the social networking site has offered an opportunity to invest within the range of 5,000 to 18,000 US Dollars, it was shared by Nepal Office of Sagoon at a press conference on Wednesday. 

"We are effortful to reach out to the users and make Sagoon an exemplary social networking site being conscious of bitter experiences facing by the social site users these days", said Govinda Giri, founder of Sagoon, talking to Nepali journalists in Kathmandu from the US. 

It has offered an opportunity for public participation in the business undertaking and the US Jobs Act has opened legal avenues for investment from public spheres. RSS  

 
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• ipo