5 days ago
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The question experiences marketplace GetYourGuide is exploring a stock merchantability astatine a multibillion Euro valuation that would underline the sector's betterment from the depths of the COVID pandemic.
Sky News has learnt that GetYourGuide, which is based successful Berlin, is successful talks with concern banks to counsel connected a secondary stock offering that would instrumentality spot successful the coming months.
Industry sources said connected Sunday that a determination to proceed had yet to beryllium formally taken, and that determination was nary unit from the company's investors to bash so.
GetYourGuide, which counts the SoftBank Vision Fund among its investors, said successful October that it was approaching €1bn (£871m) successful yearly gross and had go profitable for the archetypal time.
"After 2 years being locked down, experiences were the 1 happening that radical wanted to do," Johannes Reck, main executive, said aft the pandemic.
"We were acceptable for that and we rode connected that wave."
The institution past raised caller superior successful 2023, erstwhile the Singaporean authorities money Temasek and backstage equity elephantine KKR participated successful a $194m equity and indebtedness backing round.
That capital-raising was said to worth GetYourGuide astatine $2bn, and immoderate caller secondary stock merchantability is apt to beryllium priced astatine a premium to that valuation.
It said that customers had booked much than 10 cardinal experiences connected its level successful a azygous 4th past twelvemonth - its astir progressive to date.
A spokesperson for GetYourGuide declined to comment.
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