
Allbirds, Once Valued at $4 Billion, Sells for $39 Million
Allbirds, the Silicon Valley-backed shoe company known for its Merino wool sneakers, has been sold for $39 million after struggling to capture a wide customer base and turn a profit, despite once being valued at $4 billion.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (32/100)Sources
Allbirds, Once Silicon Valley’s Favorite Shoe, Sells for $39 Million
Despite once being valued at $4 billion, the company that made sneakers from Merino wool struggled to capture a wide customer base and turn a profit.
By Kim Bhasin
Read full article →Allbirds, once worth $7b, sells for peanuts - NZ Herald
Allbirds, once worth $7b, sells for peanuts NZ Herald
Read full article →Coverage Timeline
Related Stories

Philippine Shipping Firms Allowed to Hike Fares and Cargo Rates by Up to 30%
just now

High Fuel Prices Impact Consumers and Industries Globally
just now

Philippine Government Sets Rice Price Cap, Assures Consumers Amid Price Hikes
just now

With surge in fuel cost, Agusan Sur trike drivers’ income drop by half
just now