
ShareChat, India's Meta Rival, Targets $400 Million IPO Next Year
ShareChat, an Indian social media platform often compared to Meta, is planning a $400 million initial public offering (IPO) next year. The company aims to go public to raise significant capital.
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ShareChat, India’s Meta Rival, Plans $400 Million IPO Next Year - Bloomberg.com
ShareChat, India’s Meta Rival, Plans $400 Million IPO Next Year Bloomberg.com
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The profit and the planned listing mark a significant reversal for the firm that spent the past few years cutting costs and laying off staff as venture funding dried up after the Covid pandemic.
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