Articles tagged “ipos”

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 week 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.

2 weeks 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 month 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 month 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 month 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 month 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.

2 months ago

Trivago Planning $428 Million IPO to Help Fund Even More TV Ads

Trivago Planning $428 Million IPO to Help Fund Even More TV Ads

Dennis Schaal, Skift

When you think of all the online travel companies constrained by a lack of marketing resources wipe Trivago out of your mind. The Germany-based hotel metasearch site spends a whopping 88 percent of its revenue on advertising. And, if it can pull off a successful initial public offering then Trivago will resupply its advertising war chest. The metasearch rich are getting richer.

2 months ago

Trivago Files for an Initial Public Offering in the U.S.

Trivago Files for an Initial Public Offering in the U.S.

Andrew Sheivachman, Skift

The IPO that we all knew was coming is finally here.

2 months ago

Why The World’s Biggest Banks Don’t Want to Participate in Uber’s IPO

Why The World’s Biggest Banks Don’t Want to Participate in Uber’s IPO

Julie Verhage and Alex Barinka, Bloomberg

Some big banks are being cautious about investing early in Uber, since the timing of its big IPO has yet to materialize and the ridesharing giant has been slow to release concrete details about its finances.

2 months ago

An Argument for Priceline Buying Skyscanner Before Its IPO

An Argument for Priceline Buying Skyscanner Before Its IPO

Gillian Tan, Bloomberg

If you believe that Priceline Group can only go through acquisitions, Skyscanner isn't a bad option. But that's not the only way it can grow.

3 months ago

Trivago IPO Gets the Attention But HomeAway Could Be a Bigger Expedia Profit Generator

Trivago IPO Gets the Attention But HomeAway Could Be a Bigger Expedia Profit Generator

Dennis Schaal, Skift

Vacation rentals and guest-booking fees aren't particularly sexy or headline-grabbing but 11-year-old HomeAway could have a far-reaching impact on parent Expedia's profit numbers. Trivago is a very nice plaything, too.

4 months ago