Are Hopper's IPO Plans Imminent?
Skift Take
There would be puts and takes involved in any Hopper IPO. Its youthful audience and fintech products are advantages. But what would happen if Expedia decided to remove its hotel supply again?
Is Hooper inching closer to an IPO? A Bloomberg story Tuesday teased a Hopper IPO with the headline, Travel App Hopper Eyes Long-Term IPO Plan, $10 Billion Valuation.
Hopper, founded in 2007, has long had plans for an IPO. It has raised $730 million in funding during its 18 year history.
At Skift Global Forum in 2023, Hopper co-founder and CEO Fred Lalonde said the travel app would eventually go public, but the priority at the time was to get profitable and scale the business.
That was a rough period for Hopper. Two months earlier, Expedia Group had loudly severed ties with it, cutting off Hoppe
