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Cycling News
Sport
Josh Croxton

Strava CEO confirms plans to float on stock exchange

Strava Garmin Michael Martin
Strava updates.

Reports of Strava planning an initial public offering (IPO) with intentions to float on the New York Stock Exchange, have this week been confirmed as more than just rumour.

The company's CEO, Michael Martin, told British news outlet, Financial Times, that the move would happen "at some point" as the company seeks "easy access to capital" in order to make "more and bigger acquisitions."

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