IBTA - Ibotta: Promotion Player On Sale Itself
2024-06-10 17:32:55 ET
Summary
- Ibotta, Inc. allows CPG brands to deliver digital promotions to consumers through a single network, with customizable and measurement solutions.
- Ibotta's mission is to make every purchase rewarding by offering personalized advertising and loyalty coupons, with potential savings in the $1.2 trillion US grocery market.
- Sales growth is expected to slow down and margins appear under pressure, leading to a cautious outlook which deters me from buying the dip.
When Ibotta, Inc. ( IBTA ) went public in the second half of April, I concluded that I saw no need to buy the "I-bought-a-" play. The company had seen a very successful public offering, as it allows CPG brands to deliver digital promotions to consumers through a single network, with unparalleled customizable and measurement solutions....
Ibotta: Promotion Player On Sale Itself