Walmart-backed Ibotta looks to raise $551 mln in upsized US IPO-February 2024-www.financetom.com

Walmart-backed Ibotta looks to raise $551 mln in upsized US IPO

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Walmart-backed Ibotta looks to raise $551 mln in upsized US IPO

Apr 16, 2024 3:23 AM

April 16 (Reuters) - Ibotta, the digital marketing

company backed by Walmart ( WMT ), said on Tuesday it was

looking to raise about $551.1 million in its upsized initial

public offering in the United States.

(Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by

Arun Koyyur)

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