Reuters Breakingviews says Oura could reach a $16 billion valuation
In a commentary, Reuters Breakingviews says Oura's health trackers are driving 74% revenue growth as it pursues a listing, though hardware hiccups and competition from companies such as Apple may slow that pace.
TLDR
Reuters Breakingviews describes a mixed outlook for Oura as the smart-ring maker pursues a stock-market listing. Its health trackers are driving 74% revenue growth, the commentary says, but hardware hiccups and competition with companies such as Apple may slow that growth. Breakingviews argues that a $16 billion valuation is within reach—but would befit a gadget maker more than a high-flying digital platform.
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