KKR-backed AppLovin raises $2 billion in U.S. IPO at over $28 billion valuation
By Reuters Staff 2 Min Read FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo (Reuters) - Mobile app and gaming company AppLovin Corp said on Thursday it priced its initial public offering at $80 per share, the mid-point of its previously set range, placing the company’s valuation at $28.64 billion. At this price, AppLovin, backed by private equity gia...
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Source: reuters.com