A day before WeTransfer was to be officially listed in Amsterdam, the site where large files can be shared decided to cancel the IPO. That has the parent company WeRock announced. The reason is the unrest in the stock market. This has been visible for some time, but until now the company seemed to simply continue with the plans.
At the same time, the company states that investors are very interested. It is unclear whether WeTransfer will go public at a later date. The Dutch company has 87 million monthly active users worldwide.
Last fall, online store Coolblue also decided to cancel a planned IPO. Then the uncertainty in the financial markets was also mentioned. A month later, it turned out that parent company Ahold wants to put its web store bol.com on the stock exchange. This is expected to happen in the second half of this year.