VC-backed Despegar.com goes public

Despegar.com, a Latin American online travel provider, has debuted its IPO after pricing its 12.77 million shares at $26 per share. The stock began trading under the ticker symbol "DESP" on the New York Stock Exchange on September 20, 2017. Morgan Stanley and Citigroup are the lead underwriters. Despegar's pre-IPO backers include Tiger Global Management LLC, General Atlantic, Sequoia Capital, Insight Venture Partners and Accel Partners Management.

20 September 2017•2 mins read
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