Trustpilot planning London IPO
Description
In today's episode Adrian Lawrence our in-house financial experts talks about Trustpilot. They are planning an IPO on the London Stock Market that would raise around $50 and value their business at around £1billion.
The company based in Copenhagen would become the first major EU company to list following Brexit and will re-inforce London's position and reputation as the natural choice for technology IPO's.
The LSE is reviewing its listing rules to see how it can make itself more attractive for technology businesses and the changes potentially include listing fewer shares.
Trustpilot has been in the news in 2020 as users had sued each other over negative reviews.
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