July 29, 2021

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Reuters ahead with Noom IPO news


Reuters was also first with news that Noom Inc, the operator of the popular U.S. weight loss app, has hired investment bank Goldman Sachs Group Inc to lead its preparations for an IPO. The New York-based company, which has seen the popularity of its fitness platform soar during the COVID-19 pandemic, aims to more than double its valuation from its May private fundraising round when investors led by buyout firm Silver Lake valued it at $3.7 billion.

Article Tags

Topics of Interest: HealthTechnology

Type: Reuters Best

Sectors: EquitiesPharmaceuticals & HealthcareTechnology

Regions: Americas

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story