GoPro

Wearable sports camera maker GoPro has filed with US regulators to raise up to $US100 million ($107 million) in an initial public offering of common stock.

JP Morgan, Citigroup and Barclays are the lead underwriters of the IPO, the company told the US Securities and Exchange Commission in a preliminary prospectus.

GoPro's revenue almost doubled to $US985.7 million in 2013. The company is also profitable, earning $US60.6 million, or 47 US cents per share.

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The World News

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