Walmart-backed Ibotta valued at $3.55 billion in robust market debut

Ibotta

18/04/2024 17:55

April 18 (Reuters) - Digital marketing firm Ibotta
 IBTA.N  notched a valuation of $3.55 billion in its market
debut on Thursday, after shares of the Walmart-backed company
jumped 33% at open on the NYSE.

 (Reporting by Jaiveer Shekhawat and Sri Hari N S in Bengaluru;
Editing by Tasim Zahid and Shilpi Majumdar)
 ((SriHari.NS@thomsonreuters.com;))