More than 120 million reviews have been written on Trustpilot since it launched in 2007 (Dominic Lipinski/PA)Customer review website Trustpilot is considering listing its shares on the public exchange in London, potentially at a £1 billion valuation. The company said it has London in its sights for a flotation, which will raise around 50 million US dollars (£36 million) to help fund growth. Bosses are thought to be targeting a valuation for the company of around £1 billion if it chooses London for the listing. The company, which allows customers to leave reviews on businesses, will have around quarter of its shares in circulation after the float. More than 120 million customer reviews have been left on Trustpilot since it was formed in 2007.

Source: Irish Independent March 01, 2021 11:23 UTC