Trivago GmbH (TRVG.O), the hotel search platform that is majority owned by U.S. online travel firm Expedia Inc (EXPE.O), raised $287 million in an initial public offering (IPO) on Thursday, far below expectations, according to a person familiar with the matter.
The underwhelming pricing of the Düsseldorf, Germany-based company’s offering reflects some concerns among investors, in…