Business Magazine

New York Times Reports On Godaddy IPO: Its Go Time

Posted on the 09 June 2014 by Worldwide @thedomains

The New York Times is reporting that Godaddy IPO is a Go,  as it filed it S-1 with the SEC today.

According to the New York Times, Godaddy had 57 million domains under management as of Dec. 31.

GoDaddy reported $1.1 billion in revenue for 2013, a 24% increase from the previous year but  continues to lose money as it reported a $199.9 million loss for 2013, which is narrower than its $279.1 million loss in 2012.

According to the New York Times  K.K.R. and Silver Lake each own 28% of the  company

Morgan Stanley, JPMorgan Chase and Citigroup are leading the offering.


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