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Domain summit 2024

Godaddy Is Looking For $4.5 Billion Valuation For Its Ipo Rolling Out Next Year

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GoDaddy.com is pushing ahead with an initial public offering early next year that would value the world’s biggest domain registration service at roughly $4.5 billion.

GoDaddy is stressing its desire to diversify from a domain registrar to a business that builds out Web sites for customers and helping them to process transactions on their sites.

GoDaddy has an average revenue per user of $112, up from $102 9 months ago.

Adjusted earnings before interest, taxes, depreciation and amortization rose to $215 million, from $156 million.

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