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Dropbox files confidentially for U.S. IPO - source


(Reuters) - Data-sharing business Inc has filed confidentially for a U.S. initial public offering, a source close to the matter said on Thursday.

The IPO will be led by Group Inc and & Co , reported earlier, citing people familiar with the matter.(

reported in June that the company, valued at almost $10 billion in a private fundraising round in 2014, was seeking to hire underwriters for an IPO.

is in talks with other to fill additional roles on the IPO and is aiming to be listed in the first half of 2018, the report said.

could not be immediately reached for comment.

(Reporting by in Bengaluru, Liana Baker in San Francisco; Editing by Maju Samuel)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, January 11 2018. 23:53 IST