WELLINGTON: New Zealand online accounting software developer Xero has pushed back plans for a US stock listing to the start of 2016 at the earliest, as fresh capital funding buys transition time for the fast-growing company’s new US leadership team.
Xero, which makes cloud-based accounting software for small businesses, said its priority for 2015 was to grow the number of its UK subscribers, while also getting its US expansion plan back on track after growth momentum slowed last year.
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