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An initial public offering by Ibotta, a digital promotions company whose backers include Walmart, could more than double the firm's valuation compared with where it stood after a 2019 funding round.
(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 on Wednesday.
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NEW YORK (AP) — 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 stock, which trades under the ticker “IBTA" on the New York Stock Exchange, opened Thursday at $117, well above the $88 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 direct to consumer app. Ibotta partners with CPG (consumer packaged goods) brands and network publishers to provide these rewards. As of ...
Use Ibotta: “With an Ibotta account, you can save even more on these products and there are a variety of food products you can get for free after rebate,” Bakke suggested.
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