Direct listings continued to trickle through in the second half of 2021.
US digital analytics company Amplitude, whose customers include Instacart, Shopify and Under Armour, achieved a $7 billion valuation on Nasdaq at the end of September. Online designer spectacles company Warby Parker quickly followed, achieving a $6 billion valuation on the New York Stock Exchange (NYSE).
It is no longer purely a US phenomenon. Wise, the remittance fintech formerly known as TransferWise, was valued at £9 billion in the first large direct listing on the London Stock Exchange in July.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
