KKR-backed AppLovin raises $2 billion in U.S. IPO at over $28 billion valuation

KKR-backed AppLovin raises $2 billion in U.S. IPO at over $28 billion valuation

3 years ago
Anonymous $4BDEsVAtYS

https://www.reuters.com/article/us-applovin-ipo/kkr-backed-applovin-raises-2-billion-in-u-s-ipo-at-over-28-billion-valuation-idUSKBN2C20HB

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.