Chewy, an online pet product retailer owned by PetSmart, opens up ~64% on its first day of trading after raising $1B in its IPO, and is now valued at ~$14.3B (Lauren Hirsch/CNBC)
Lauren Hirsch / CNBC:
Chewy, an online pet product retailer owned by PetSmart, opens up ~64% on its first day of trading after raising $1B in its IPO, and is now valued at ~$14.3B — KEY POINTS — PetSmart acquired Chewy.com in 2017 for roughly $3 billion to add an online business to complement its store base, as trends shifted online.
Chewy, an online pet product retailer owned by PetSmart, opens up ~64% on its first day of trading after raising B in its IPO, and is now valued at ~.3B (Lauren Hirsch/CNBC)
Source: Tech Meme
