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14 July 2017

Roku to greenlight IPO

Roku, which first considered a flotation almost three years ago, is said to have hired underwriters for an initial public offering that could value it at up to $1bn.

Author: Thierry Heles, Reporter

Roku, a US-based media streaming software and device maker backed by media conglomerates Hearst and News Corp, is preparing to float by the end of 2017, the Wall Street Journal reported yesterday, citing unnamed individuals.