Software maker Shopify valued at $1.27 bln at IPO price: Reuters
Canadian e-commerce software maker Shopify Inc said its U.S. initial public offering was priced at US$17 per share, valuing the company at about US$1.27 billion, Reuters reported. The venture-backed startup's IPO of of 7.7 million class A subordinate shares raised about US$131 million, after it was priced above the top end of the expected range. The company sold all the shares in the offering.
21 May 2015•2 mins read
