Bli medlem
Bli medlem

Du är här

2016-12-16

Nasdaq Welcomes trivago (Nasdaq: TRVG) to The Nasdaq Stock Market

asdaq Stock Market

NEW YORK, 2016-12-16 17:37 CET (GLOBE NEWSWIRE) -- trivago (Nasdaq:TRVG), a
global hotel search platform, visited the Nasdaq MarketSite in Times Square
today in celebration of its initial public offering (IPO) on The Nasdaq Stock
Market.

Photos accompanying this announcement are available at

http://www.globenewswire.com/NewsRoom/AttachmentNg/dee03818-955a-4396-b9...
af21406

http://www.globenewswire.com/NewsRoom/AttachmentNg/48306ab7-9c59-4a01-8b...
b9662d6

http://www.globenewswire.com/NewsRoom/AttachmentNg/9c7806c2-9ba2-4e68-9f...
870ca1c

trivago strives to be the traveler’s first and independent source of
information for finding the ideal hotel at the lowest rate. trivago makes sense
of a fragmented online hotel market and reshapes the way that travelers search
for and compare hotels online, by aggregating information from a deep supply of
hotels and websites to paint a precise picture of each hotel. In the twelve
months ended September 30, 2016, the company had 487 million qualified
referrals and offered access to approximately 1.3 million hotels in over 190
countries.

“trivago’s sustainable, scalable, test-based approach to marketing combined
with our diverse, learning-based, entrepreneurial culture, has enabled us to
keep our start-up speed as we grow. Through a synergy of international
perspective and analytical decision-making, we have been able to quickly
develop into a leading global brand for searching for hotels online,” said Rolf
Schrömgens, Founder and Managing Director, trivago.

“trivago is built by a team of passionate, creative visionaries and
entrepreneurs who focus on making the travel experience more personal,
transparent and efficient,” said Nelson Griggs, Executive Vice President,
Global Listings, Nasdaq. “As the exchange of choice to the world’s leading
technology companies, we are thrilled to welcome trivago to the Nasdaq family.
We look forward to supporting the company as they continue to revolutionize the
travel industry with leading product and superior user experience.”

As of September 30, 2016, Expedia, Inc. (Nasdaq:EXPE) owned 63.5% of the
economic and voting rights attributable to the shares of trivago. Following the
completion of the IPO and assuming completion of the post-IPO merger, Expedia
would remain the majority shareholder with 64.6% of the voting rights and 60.2%
of the economic rights in trivago; the founders would own 34.6% of the voting
rights and 32.3% of the economic rights.

The information contained above is provided for informational and educational
purposes only, and nothing contained herein should be construed as investment
advice, either on behalf of a particular security or an overall investment
strategy. Information about the company is provided by the company or comes
from the company’s public filings and is not independently verified by Nasdaq.
Neither Nasdaq nor any of its affiliates makes any recommendation to buy or
sell any security or any representation about the financial condition of any
company. Statements regarding Nasdaq-listed companies are not guarantees of
future performance. Actual results may differ materially from those expressed
or implied. Past performance is not indicative of future results. Investors
should undertake their own due diligence and carefully evaluate companies
before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

About Nasdaq

Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange
technology, listing, information and public company services across six
continents. Through its diverse portfolio of solutions, Nasdaq enables
customers to plan, optimize and execute their business vision with confidence,
using proven technologies that provide transparency and insight for navigating
today's global capital markets. As the creator of the world's first electronic
stock market, its technology powers more than 70 marketplaces in 50 countries,
and 1 in 10 of the world's securities transactions. Nasdaq is home to more than
3,700 listed companies with a market value of $10.0 trillion and approximately
18,000 corporate clients. To learn more, visit: nasdaq.com/ambition or
business.nasdaq.com

NDAQG

Media Relations Contacts:
Stephanie Lowenthal
(646) 441-5073
Stephanie.Lowenthal@nasdaq.com

Emily Pan
(646) 441-5120
emily.pan@nasdaq.com

trivago Media Contact:
Sydney Burdick
sydney.burdick@trivago.com

Författare SSE

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.