WeTransfer Plans IPO at 1 Billion-Euro Valuation

File-sharing platform WeTransfer plans to seek a valuation of about 1 billion euros ($1.2 billion) from a proposed initial public offering later this year, people familiar with the matter said.

The company is preparing a listing on the Amsterdam stock exchange with advisers, the people said, asking not to be identified because the plans are private. The IPO could happen as early as this month, depending on market conditions, but could shift to the second half of the year, one of the people said. Discussions are ongoing and the timing and value could still change, they said.