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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 Skip to ...
April 17, 2024 at 8:06 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 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 ...
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 ...
Walmart was the largest United States grocery retailer in 2019, and 65 percent of Walmart's US$510.329 billion sales came from U.S. operations. Walmart was listed on the New York Stock Exchange in 1972. By 1988, it was the most profitable retailer in the U.S., and it had become the largest in terms of revenue by October 1989.
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 ...
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 ...
Rubrik’s IPO is the latest in a run of tech IPOs that have helped reinvigorate the public markets. ... Walmart-backed Ibotta was able to raise $577 million when it set an above-range offer price ...