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Trustpilot picks London for its £1b IPO (tally-ho!)INTL

Trustpilot picks London for its £1b IPO (tally-ho!)

Roll out the red carpet for this major London IPO, please!

Trustpilot announced its plans to go public in the UK, marking the biggest European Union debut in the country this year. The Copenhagen-based online consumer review platform expects to make at least 25% of its shares publicly available on the London Stock Exchange (LSE).

Trustpilot is aiming for the skies, too, with an astounding valuation of around £1b (according to the rumours, at least). The company’s choice to list in London is good news for the UK-EU relationship, proving that British capital is still a hotspot for foreigners despite the whole Brexit drama that pushed many firms to shift their stock to EU markets.

why it matters
London continues to prove itself an appealing choice for companies in the tech sphere. Its IPO market is poppin' with the likes of Dr. Martens and Moonpig having recently listed, and other household names like Deliveroo gearing up for their own debuts.