Articles tagged “ipos”

Airport Retailer Hudson Group Is Seeking an IPO in 2018

Airport Retailer Hudson Group Is Seeking an IPO in 2018

Sean O'Neill, Skift

At least somebody benefits from flight delays. While many retailers struggle in the Amazon era, Hudson Booksellers is seeing sales growth thanks to more passengers crowding airports.

1 month ago

Argentine Airport Owner Gets Green Light for 2018 IPO

Argentine Airport Owner Gets Green Light for 2018 IPO

Charlie Devereux and Pablo Gonzalez, Bloomberg

Argentina's air travel infrastructure could benefit from a capital injection if Aeropuertos Argentina 2000, one of the world’s largest private airport operators, floats its shares on the New York stock exchange next year.

2 months ago

Expedia-Supported Despegar Prices IPO at $26 Per Share

Expedia-Supported Despegar Prices IPO at $26 Per Share

Sean O'Neill, Skift

Expedia would own 14 percent of online travel agency Despegar post-IPO. But contemplating the odds of an Expedia takeover is a "rompecabeza,” or a head-breaker.

4 months ago

Expedia IPO and Spin-Off History Sets Up Uber for a Deal-Making Era

Expedia IPO and Spin-Off History Sets Up Uber for a Deal-Making Era

Andrew Sheivachman, Skift

Khosrowshahi's financial acumen will be crucial to Uber's turnaround, especially after just giving Uber an 18- to 26-month window to go public. The first step is to find a way to become profitable.

5 months ago

Despegar Files for $100 Million IPO and Expedia Could Benefit From Its Growth

Despegar Files for $100 Million IPO and Expedia Could Benefit From Its Growth

Sean O'Neill, Skift

Despegar is on track to attract a $1 billion valuation. That's impressive. But its newish CEO needs to pivot the business away from a reliance on selling airline tickets, which are becoming less profitable for his firm by the day.

5 months ago

Saudi Budget Airline Flynas May Do an IPO in 2017

Saudi Budget Airline Flynas May Do an IPO in 2017

Deena Kamel Yousef and Deema Almashabi, Bloomberg

The Saudi government wants to reduce its role in the domestic economy; seeking further outside investment for Flynas through a potential IPO is a signal of further things to come.

1 year ago

VietJet to Go Public and Projects 30 Percent Profit Increase

VietJet to Go Public and Projects 30 Percent Profit Increase

Nguyen Dieu Tu Uyen, Bloomberg

VietJet is bullish about its own prospects, which is hardly surprising. The backdrop is that IATA forecasts that Vietnam will be among the world's fastest-growing markets in the next 20 years. There certainly is rising demand but on the downside is the fact that other regional airlines slumped last year.

1 year ago

Trivago CEO Says No Company Has Solved the Key Problem in Hotel Search

Trivago CEO Says No Company Has Solved the Key Problem in Hotel Search

Dennis Schaal, Skift

Rectifying the difficulties in shopping for hotels online is a tremendously complex problem given travelers' fickle nature -- a business trip today, a romantic escapade tomorrow -- and varying quality levels from property to property even within a given brand. Trivago at least recognizes what one of the main problems is in matching a traveler's hotel preferences with the right hotel and hopes to address it with a heftier bank account after conducting its IPO.

1 year ago

Trivago Raised $184 Million for Expansion in a $4 Billion IPO

Trivago Raised $184 Million for Expansion in a $4 Billion IPO

Dennis Schaal, Skift

Overall, the initial day of trading amounted to a modest success for Trivago. Its founders made a bundle, it generated a couple of hundred million dollars for expansion, and its valuation crossed the $4 billion threshold -- even though it had hoped for much more and was undoubtably disappointed about the manner in which it debuted. This is a long game; verdicts now are meaningless.

1 year ago

Trivago IPO Raises Much Less Than Expected

Trivago IPO Raises Much Less Than Expected

Lauren Hirsch, Reuters

Trivago's IPO priced lower than its hoped-for range because investors weren't happy with its high advertising spend and low profitability. But it's not all Trivago's fault: It hasn't been a great year for tech IPOs, either.

1 year ago

Trivago Bets TV Advertising Prowess Will Woo Tough-Minded Investors

Trivago Bets TV Advertising Prowess Will Woo Tough-Minded Investors

Alex Barinka and Gerrit De Vynck, Bloomberg

The Trump bump could help Trivago's IPO prospects although tech stock IPOs haven't done particularly well this year. You'd think that Trivago and Expedia are going to make this IPO happen although they might not get a rousing pricing sendoff.

1 year ago

Inside Story of How Trivago Built a Brand One Country at a Time

Inside Story of How Trivago Built a Brand One Country at a Time

Dennis Schaal, Skift

There's little question that Trivago is going to get very big in coming years. Whether it can turn on a profitability gene, and whether its stock price tanks or zooms after it goes public, will be up to the market to decide.

1 year ago