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Travel Tech Sector: Anticipation and Uncertainty in the Global IPO Market – Image Credit Unsplash
After a challenging year in 2023, the global initial public offering (IPO) market regained momentum in 2024, generating a deal value of over $126 billion from 1,340 IPOs. However, the market has not yet rebounded to its 2021 peak, when low interest rates and high markets facilitated a staggering $606.68 billion from 3,136 IPOs.
According to experts in the field, the IPO market is expected to improve on last year, but is unlikely to return to the “average” state observed in the past. Akhil Chainwala, senior investment…
