A dog-walking service is now worth $1.4 billion ...Middle East

Some people walk dogs out of love, or duty, or because their parents make them. And enough people now do it for money that dog-walking is at the core of a business worth $1.35 billion.That’s the enterprise value of Rover, an app that connects pet owners with dog walkers and groomers, after it goes public via a special purpose acquisition company, or SPAC, according to a statement announcing the company’s plans. Nebula Caravel Acquisition—a SPAC created by True Wind Capital, a private equity firm—will acquire Rover, which will retain its management team and get an infusion of fresh capital. The new company, which will be renamed Rover Group and trade as ROVR on the Nasdaq, will be worth $1.6

Hence then, the article about a dog walking service is now worth 1 4 billion was published today ( Friday 12/02/2021 - 01:16 AM ) and is available on Quartz ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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Last updated : 12 February 2021 clock 01:16 AM

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A dog-walking service is now worth $1.4 billion ...Middle East

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