Bending Spoons’ Nasdaq listing drives valuation to $25 billion | KuCoin

CoinDesk reports: Milan-based tech group Bending Spoons went public on Nasdaq this week, with its stock rising on the first day and briefly reaching a market capitalization of over $25 billion. Although the stock later pulled back, the company’s current valuation remains significantly higher than its private market valuation of approximately $11 billion prior to listing, indicating that investors continue to bet on its acquisition and integration model. Over the past few years, the company has garnered attention for its consecutive acquisitions of well-known internet products, and its portfolio now includes brands such as AOL, Vimeo, WeTransfer, Meetup, and Eventbrite. According to the company’s filing for its public offering, as of March 2026, its products had over 500 million monthly active users and more than 9 million monthly paying users. Expand scale through acquisitions Bending Spoons began unassumingly. The company evolved from a team that continued working together after a failed startup, initially developing their own apps before shifting to acquiring established digital products and gradually creating a standardized integration process. The company’s core approach is to identify products that still have a genuine user base but whose original owners are experiencing slowed growth or operational pressures; after acquisition, it
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