Allbirds exploring IPO
The San Francisco-based casual footwear and sneaker maker, is in the process of interviewing banks in preparation for an initial public offering (IPO)
According to a report in The New York Times DealBook the IPO of the company might be on the making.
The direct-to-consumer brand was last valued at roughly 1.7 billion US dollars in a 100 million US dollars funding round last September.
Allbirds has a portfolio of more than 20 stores, including locations in London, Berlin, Shanghai, and Tokyo.
Image credits: nrf.com
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