The top executive of Montreal-based travel company Hopper says it will probably go public in the future, but first, it will first look for less volatility in equity markets and to grow its customer base abroad.
Fred Lalonde, the co-founder and chief executive of Hopper, said in an interview with BNN Bloomberg on Monday that the company will not look to go public in the near term but is preparing for it.
As the company weighs a potential venture into public markets, Lalonde said Asia and Latin America have been key areas of growth. Hopper was founded as a platform to inform consumers about the ideal time to purchase a flight, according to Lalonde. Since around 2014, he said the platform has gained over 100 million customers.
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