1 of 2
Story summary
- Liftoff Mobile postponed its planned U.S. IPO due to ongoing market uncertainty after an AI-driven selloff.
- Liftoff aimed for a $5.17 billion valuation.
- Liftoff had initiated a roadshow targeting up to $762 million in proceeds.
- Liftoff reported a 40% increase in core advertising revenue.
- Liftoff remained committed to pursuing public markets when conditions improve, citing 1.4 billion daily active users.
1 / 2
