Walmart-Backed Ibotta Hunting For Billions Valuation
After the successful IPOs of Astera Labs and Reddit, Ibotta, a digital promotions company whose backers include Walmart, is seeking to raise as much as $472.5 million in the Initial Public Offering (IPO). The Denver-based company, which helps brands to promote through rewards and rebates, is offering 2.5 million shares for $76 to $84 each,…
John David