Olo opens for trading at $31.82 up 27% from IPO price

marketwatch2021-03-17

(March 17) Olo opens for trading at $31.82 up 27% from IPO price.Olo Inc., which makes online-ordering technology for restaurants, is set to go public Wednesday as it seeks to benefit from an on-...

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精彩评论

YSLiu
2021-03-18
YSLiu
Now got restaurant tech...
BraydenChin
2021-03-18
BraydenChin
A new IPO stock that worth considering. Looking at the result, seems it is growing.
PMSG
2021-03-18
PMSG
Wow... Sure will go up another 15,% by next week
sweeswee
2021-03-18
sweeswee
This share can look into it
- Jassss:
  Pls comment on my comment
Dem0171c
2021-03-18
Dem0171c
Nice
- Jassss:
  Yeah
cc_goh
2021-03-18
cc_goh
....

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It is offering 18 million shares and could raise up to $450 million at a valuation of $3.6 billion.The company’s stock will list on the New York Stock Exchange under the ticker symbol OLO, .Olo, which was founded in 2005 and is short for “online ordering,” powers 1.8 million orders a day for well-known restaurant chains such as Denny’s, the Cheesecake Factory, Shake Shack and more, as well as Peet’s Coffee, Jamba Juice and others. The company’s revenue surged 94% in 2020 year over year, it said in a filing with the Securities and Exchange Commission.“As consumers have become accustomed to the immediate convenience of on-demand commerce, they are demanding the same digital experience from restaurants, placing significant pressure on restaurants to deploy solutions,” Olo said. “This demand has only accelerated since the onset of COVID-19, as on-demand commerce has become a necessity for the majority of restaurants.”Olo said that as of Dec. 31, it had about 400 brand partners and its technology — which includes digital ordering and enabling delivery — was being used at more than 64,000 locations.The company reported net income of $3.1 million on revenue of $98.4 million last year, compared with a net loss of $8.3 million on revenue of $50.7 million in 2019.Olo raised less than $100 million since its inception, it said, including from investors such as The Raine Group, Tiger Global Management and RRE Ventures.The IPO will be led by Goldman Sachs and J.P. Morgan, two of eight underwriters listed in the filing.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":327147194,"gmtCreate":1616074081918,"gmtModify":1634527381366,"author":{"id":"3561795991086251","authorId":"3561795991086251","name":"YSLiu","avatar":"https://static.tigerbbs.com/21065765af1058975e81cd4662b5e69a","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Now got restaurant tech...","listText":"Now got restaurant tech...","text":"Now got restaurant tech...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/327147194","repostId":1179979737,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":327935105,"gmtCreate":1616047906307,"gmtModify":1703496855604,"author":{"id":"3559298661152538","authorId":"3559298661152538","name":"BraydenChin","avatar":"https://static.tigerbbs.com/bfd2a88b99637dafe5b0bed7c46289a9","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"A new IPO stock that worth considering. Looking at the result, seems it is growing.&nbsp;","listText":"A new IPO stock that worth considering. Looking at the result, seems it is growing.&nbsp;","text":"A new IPO stock that worth considering. Looking at the result, seems it is growing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/327935105","repostId":1179979737,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":327027392,"gmtCreate":1616041661616,"gmtModify":1703496774889,"author":{"id":"3576810327636014","authorId":"3576810327636014","name":"PMSG","avatar":"https://static.tigerbbs.com/e55958327b4956d8b3f0ba1c4aaf9197","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Wow... Sure will go up another 15,% by next week","listText":"Wow... Sure will go up another 15,% by next week","text":"Wow... Sure will go up another 15,% by next week","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/327027392","repostId":1179979737,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324760999,"gmtCreate":1616031393811,"gmtModify":1703496607066,"author":{"id":"3577484275377051","authorId":"3577484275377051","name":"sweeswee","avatar":"https://static.tigerbbs.com/e129219ccc1ea43a8446125e1de40c1f","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"This share can look into it","listText":"This share can look into it","text":"This share can look into it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/324760999","repostId":1179979737,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3822871,"gmtCreate":1616037760810,"gmtModify":1635752813815,"authorId":3574244375315958,"author":{"id":3574244375315958,"authorId":3574244375315958,"name":"Jassss","avatar":"https://static.tigerbbs.com/a1a74261bc0d795b37c8c963ee5393f0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324760999,"type":1,"supId":0,"prevId":0,"content":"Pls comment on my comment  ","text":"Pls comment on my comment  ","html":"Pls comment on my comment  "}],"langContent":"EN"},{"id":324451745,"gmtCreate":1616027015287,"gmtModify":1703496498843,"author":{"id":"3571706108874965","authorId":"3571706108874965","name":"Dem0171c","avatar":"https://static.tigerbbs.com/28a58b3c964064b6dcc209f03697fba7","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/324451745","repostId":1179979737,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3822873,"gmtCreate":1616037790328,"gmtModify":1635752813691,"authorId":3574244375315958,"author":{"id":3574244375315958,"authorId":3574244375315958,"name":"Jassss","avatar":"https://static.tigerbbs.com/a1a74261bc0d795b37c8c963ee5393f0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324451745,"type":1,"supId":0,"prevId":0,"content":"Yeah","text":"Yeah","html":"Yeah"}],"langContent":"EN"},{"id":324459391,"gmtCreate":1616026874213,"gmtModify":1703496494850,"author":{"id":"3566635991278474","authorId":"3566635991278474","name":"cc_goh","avatar":"https://static.tigerbbs.com/300221534b209ac55e4284143d0dd5b8","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"....","listText":"....","text":"....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/324459391","repostId":1179979737,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":237,"commentSize":122,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.26.2","shortVersion":"4.26.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1179979737"}