Robinhood Seeks $40B Valuation In IPO As Profits, New Users Soar

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Robinhood is seeking a $40 billion valuation in its initial public offering (IPO) following an increase in both profits and users, the Financial Times (FT) reported on Friday (July 2). Revenues more than tripled to $959 million in 2020, up from $278 million in 2019, ...

from Google Alert - Business https://ift.tt/36aF69Y
Robinhood is seeking a $40 billion valuation in its initial public offering (IPO) following an increase in both profits and users, the Financial Times (FT) reported on Friday (July 2). Revenues more than tripled to $959 million in 2020, up from $278 million in 2019, ... https://ift.tt/eA8V8J

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