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Article Date: April 2017
Word Count: 91

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.

 


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