Jio Platforms pursues IPO with valuation lowered to approximately $108 billion
RS Reliance Inc
$407.07 +0.74%
View chart & analysis → - 1The IPO size of Jio Platforms is up to 302 billion rupees (approximately $3.2 billion).
- 2Jio Platforms' valuation is approximately $108 billion, lower than its valuation of over $130 billion a year ago.
- 3Jio's valuation has decreased from the previously expected $133 billion to $118 billion.
So what's the key point?
Jio Platforms is preparing to go public with a lowered valuation of $108 billion. The company's value has decreased compared to previous expectations.
Source CNBC · View original ↗
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