The old saying in business is that you have to spend money to make money. That means investments today are made in hopes of paying off in the future, giving some momentum to revenues, and upon scaling, to profits. As of Wednesday afternoon (Aug. 14),...
Ibotta shares leapt 33% during their debut on the New York Stock Exchange (NYSE) on Thursday (April 18). The stock debuted at $117 per share after pricing at $88 per share Wednesday (April 17), Axios reported Thursday. The firm raised $577.3 million. Ibotta has raised...
Cash-back rewards platform Ibotta has upped the size of its planned public listing. Last week, the Walmart-backed company said it aimed to raise $472 million through an initial public offering (IPO). On Tuesday (April 16), the company raised that figure to around $551 million in new paperwork filed with the...
Cash-back rewards platform Ibotta hopes to raise $472 million when it goes public. The company on Monday (April 8) filed paperwork with the Securities and Exchange Commission (SEC), saying it planned to offer 2.5 million shares, at $76 to $84 each. Last month, Ibotta filed a registration statement for its IPO...
January 07, 2025
Rewards platform Ibotta has launched a multiyear partnership with DoorDash. The collaboration, announced Tuesday (Jan. 7), gives DoorDash customers access to Ibotta’s catalog of digital promotions on things like groceries, health and beauty items and home improvement products. A DoorDash news release said the partnership also gives consumer packaged goods (CPG) brands a chance to […]
April 18, 2024
Ibotta shares leapt 33% during their debut on the New York Stock Exchange (NYSE) on Thursday (April 18). The stock debuted at $117 per share after pricing at $88 per...
April 16, 2024
Cash-back rewards platform Ibotta has upped the size of its planned public listing. Last week, the Walmart-backed company said it aimed to raise $472 million through an initial public offering (IPO). On Tuesday (April 16),...
April 08, 2024
Cash-back rewards platform Ibotta hopes to raise $472 million when it goes public. The company on Monday (April 8) filed paperwork with the Securities and Exchange Commission (SEC), saying it planned to offer 2.5...