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Kayak mobile downloads soaring but no change in IPO chances

12/01/2011| 9:58:57 AM| 中文

Kayak saw downloads of its mobile apps jump 97% to more than 5 million during the first nine months of 2011, but its IPO chances aren’t on a similar trajectory.

Kayak saw downloads of its mobile apps jump 97% to more than 5 million during the first nine months of 2011, but its IPO chances aren’t on a similar trajectory.

The news about the growth in Kayak’s mobile apps came in an updated registration statement filed last week, but there was no revision to Kayak’s own assessment of its IPO chances, which stands at what many consider to be a generous 50% estimate.

It’s rare for an IPO to take place more than a year after filing a registration statement, as Kayak did in November 2010.

Read full story at: http://www.tnooz.com/2011/11/28/news/kayak-mobile-downloads-soaring-but-no-change-in-ipo-chances/

TAGS: Kayak | IPO
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