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Synergy In Action: Klaviyo's IPO Triumph With Shopify's Backing

Boston-based marketing automation company Klaviyo Inc. (NYSE:KVYO) was one of the first high-profile companies to go public last month, setting the trend for multiple initial public offerings (IPOs). Backed by Canadian e-commerce giant Shopify Inc. (NYSE:SHOP), Klaviyo has remained resilient despite the murky IPO revival backdrop. Klaviyo stock has dropped by 3% since its market debut, compared to the grocery delivery platform Instacart's 24.4% decline so far. "Klaviyo is a shining example of th ....

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