Retail News

Casper’s valuation headed in the wrong direction ahead of IPO

Reuters 01/26/2020

Casper Sleep Inc., the online mattress brand, was valued at $1.1 billion following its last funding round in March 2019. The company, which is moving toward an initial public offering of its stock, expects to be valued around $768 million after it sells 9.6 million shares in the company.

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