TripActions reportedly files to go public at $12 billion valuation

TripActions is said to have filed confidentially to go public in the third quarter of next year at a $12 billion valuation.
Citing an unnamed source, Business Insider broke the news on Wednesday that the company had filed confidential paperwork with the U.S. Securities and Exchange Commission for an initial public offering. Bloomberg’s Katie Roof in early August had reported that the move was coming.
Last October, TripActions raised $275 million in a Series F “growth” funding round at a $7.25 billion valuation. 
Prior to the COVID-19 pandemic, TripActions was primarily known for merging many a

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