iHerb Is Said to Select Banks for $500 Million IPO This Year

iHerb, an online retailer specializing in vitamins and supplements, has selected the banks to lead its initial public offering. The company plans to launch this $500 million IPO within the current year. This move is expected to boost investor confidence in the health sector, occurring amidst a revitalized IPO market looking toward 2026. This development comes despite the company's limited integration of crypto technologies within its current operational framework and business model.