Parent of Israel's Il Makiage debuts on Nasdaq at $2 billion valuation
L Catterton-backed beauty and wellness company Oddity, which harnesses AI to develop cosmetics, raises $423 million from initial public offering
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L Catterton-backed beauty and wellness company Oddity, which harnesses AI to develop cosmetics, raises $423 million from initial public offering
(Bloomberg) -- Beauty and wellness company Oddity Tech Ltd. rose 36% in its trading debut after upsizing its initial public offering to raise $424 million, adding momentum to a listings rebound in the US.Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomIn London, New York and Paris, a Giant Office Bet Is Going WrongMusk Says Tesl
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Oddity is the parent company of Il Makiage and Spoiled Child.