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With its IPO launch, Ibotta more than doubled its valuation to $2.3 billion. ... Walmart-backed Ibotta chasing $2.3 billion valuation as tech IPOs keep rolling after Astera Labs and Reddit.
Ibotta shares surge on ‘overwhelming demand’ after IPO generates more than $577 million. Shares of Walmart-backed Ibotta opened at $117 on Thursday and peaked at $117.59 after pricing at $88 ...
April 17, 2024 at 11:06 PM. (Reuters) - Walmart-backed digital marketing company Ibotta will likely raise $577.3 million at a valuation of $2.67 billion, after pricing its initial public offering ...
Ibotta, Inc. is an American mobile technology company headquartered in Denver, Colorado. Founded in 2011, the company offers cash back rewards on various purchases through its Ibotta Performance Network and consumer properties, including mobile app, website, and browser extension. [8] [9] [10] Ibotta partners with CPG ( consumer packaged goods ...
Ibotta, the digital marketing company backed by Walmart, ended up raising $577.3 million, after its IPO priced $4 above its target price range.. Ibotta on Wednesday sold about 6.6 million shares ...
Walmart Inc. / 36.36556°N 94.21750°W / 36.36556; -94.21750. Walmart Inc. ( / ˈwɔːlmɑːrt / ⓘ; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States, headquartered in ...
Shares of Ibotta, a Walmart-backed digital company that offers customers cash-back rewards and rebates on grocery brands ranging from Nestle to Coca-Cola, rose 17% in their Wall Street debut. The ...
Shares of Walmart recently traded at about 25 times expected earnings, up from a 10-year average valuation of about 20, suggesting investors expect strong profit growth, according to LSEG data.
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