Strava Gears Up for Initial Public Offering - Reuters

Strava's IPO Plans: Fitness tracking app Strava is preparing for a U.S. initial public offering (IPO) and has invited major banks to pitch for underwriting roles, with the IPO potentially occurring as early as next year.

Company Valuation and Competitors: Strava was valued at $2.2 billion in a recent funding round and competes with companies like Garmin, Google's Fitbit, and Nike's Run Club, serving over 150 million athletes globally.