Walmart-Backed Digital Marketing Company Ibotta Set For IPO Amid AI Buzz: Details
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Ibotta, a digital marketing company backed by Walmart, is set to have an initial public offering (IPO) and aims to raise $577.3 million with a valuation of around $2.7 billion. The company plans to offer 6.56 million shares of its Class A common stock at $88 per share. The IPO comes as there is increased interest in artificial intelligence (AI) and optimism about the U.S. IPO market. Ibotta was incorporated in 2011 and will trade on the New York Stock Exchange under the ticker symbol 'IBTA.'



https://www.tradingview.com/news/benzinga:d481fa31a094b:0-walmart-backed-digital-marketing-company-ibotta-set-for-ipo-amid-ai-buzz-details/