Box is once again pushing off its IPO plans until next year amidst a shaky tech market that’s lost its luster after Alibaba’s big IPO in September, according to a Bloomberg News report that cites anonymous sources.
The cloud storage and file-sharing startup was supposedly aiming for an early September IPO after Labor Day, but when the market started to sour, it put its plans on hold, the report details. Box originally filed for an IPO in March, which led to reports saying that Box wanted to go public in June; when that didn’t pan out, it looked like September could be the big date, but now that’s obviously not the case.
In light of the news, a Box spokesperson wrote the following in an email to Gigaom: “Our plan continues to be to go public when it makes the most sense for Box and the market. As always, investing…
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