Online coupon service Retailmenot files for USD200m IPO

retailmenot

Investors flocking to ecommerce firms

Coupon website Retailmenot is filing for a IPO in which it will attempt toraise up to USD200m, aiming to shift 9.1m shares priced between USD20 and USD22 each. The firm says it will spend the funding on general corporate purposes. Shares will be listed through Nasdaq Global Select Market with “SALE” as its symbol.

Retailmenot recently picked up USD87m in funding, as investors continue flocking to e-commerce firms. The Austin-based company offers a variety of online coupons and claims its website received 366m during the past year.  

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