Revolve’s ecommerce to entry stock market
Fashion company is planning to debut in New York’s trading floor with a rating of 1,231 million dollars, according to a statement delivered to New Yorker’s stock market.
Revolve takes the leap to the stock market in a big way. The American ecommerce platform is planning to debut in New York’s trading floor with a rating of 1,231 million dollars (1,100 million euros), according to a statement issued to the New Yorker’s stock market.
The initial public offering (IPO) of Revolve consists on the emission of 11.7 million of shares, with possibility of raising until 13.5 million of shares. The estimated price per title ranges between sixteen and eighteen dollars.
In 2018, the American company registered a billing of 498 million dollars (445.2 million euros), a 24.8% more than the previous year. The group’s benefit, for its part, multiplied almost for six, until positioning in 30.6 million dollars (27.3 million euros).
Validation policy for comments:
MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.