Vimeo owner Bending Spoons prices IPO at above target range to raise $1.68 billion

Vimeo owner Bending Spoons has priced its initial public offering above the target range, according to Channel NewsAsia. The company is raising one point six eight billion dollars, with investor demand exceeding expectations. Pricing above the projected range is typically seen as a strong signal of market confidence in the company's valuation and growth prospects.

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