Drew Houston, CEO and founder of Dropbox, has said that the company is on track to generate more than US$1bil (RM4.3bil) in revenue this year. — Reuters
Data-sharing business Dropbox Inc is seeking to hire underwriters for an initial public offering that could come later this year, which would make it the biggest US technology company to go public since Snap Inc, people familiar with the matter said on June 30.
The IPO will be a key test of Dropbox's worth after it was valued at almost US$10bil (RM42.97bil) in a private fundraising round in 2014.
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