February 5, 2001, 12:00 AM

Petopia.com pulls plug on IPO

Petopia.com has canceled its initial public offering

San Francisco-based online pet supply seller Petopia.com has canceled its IPO, according to documents filed with the Securities and Exchange Commission. The e-commerce company, whose assets were acquired in December by Petco Animal Supplies Inc., one of its major investors, had earlier planned to use proceeds from the IPO for debt repayment and corporate development. Founded in 1999, Petopia.com had filed with NASDAQ for a listing as „PTOP.‰ San Diego, Calif.-based Petco, with some 500 retail stores, has said it will continue to operate Petopia‚s web site as its online channel.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From The IR Blog

FPO

Paul Dobbins / E-Commerce

6 tips for maintaining sales during the post-holiday lull

Use that stellar email list you built during the holidays to market new products or ...

FPO

Jeff Sass / E-Commerce

How brands use domains beyond dot-com to attract shoppers

Amazon, for example, posts holiday ads to amazon.blackfriday.

Advertisement