Pet Spending news and trends

Chewy Valued At Around $7B For IPO

June 03, 2019
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Chewy Valued At Around $7B For IPO

June 03, 2019
PetSmart wants to take Chewy.com, its wildly successful online venture, public at a valuation of $7 billion, according to a report by Bloomberg. The company has recently had some trouble with PetSmart’s creditors and private equity investors after a portion of the Chewy unit was transferred to an unrestricted subsidiary and the other was moved […]