Netshoes Valued at $558 Million
The online retailer’s IPO closed with 8,250,000 shares sold at $18.00, implying a valuation of just over 1x last year’s revenues of $533.7 million. Netshoes, now trading on the NYSE under the symbol NETS, raised net proceeds of $138,847,500 from the offering. There are now ... Log in to view full article.