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Mobile ad tech company AppLovin aims to raise up to $2.13B via its IPO, pricing shares at $75-$85 for a $30B+ valuation; S-1 showed a net loss of $126M in 2020 (Cromwell Schubarth/Silicon Valley …)

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Cromwell Schubarth / Silicon Valley Business Journal:

Mobile ad tech company AppLovin aims to raise up to $2.13B via its IPO, pricing shares at $75-$85 for a $30B+ valuation; S-1 showed a net loss of $126M in 2020  —  Mobile app and gaming company AppLovin Corp. set targets Wednesday for an initial public offering that could value it at more than $30 billion.



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