Despegar.com stock leaves NYSE after Prosus takeover

Despegar.com stock left the NYSE after Prosus completed its acquisition at USD 19.50 per share, valuing the Latin American travel company at USD 1.7 billion. The transaction closed on May 15, 2025, and Despegar became a wholly owned Prosus subsidiary, according to Multiples.

Takeover price sets the benchmark

The cash deal covered all outstanding shares and represented a 33 percent premium to Despegar's December 20, 2024 closing price. It also implied a 2.2 times enterprise-value-to-revenue multiple based on USD 761 million of last-twelve-month revenue through December 2024, according to Multiples.

The acquisition changed the investment case fundamentally. Despegar no longer trades as an independent public company, so the USD 19.50 transaction price is the relevant equity value reference rather than a live exchange quotation.

Revenue moves toward USD 1 billion

Despegar reported USD 804 million of revenue for the fiscal year ended March 31, 2026. Management expects revenue to exceed USD 1 billion in the next fiscal year, a threshold at least USD 196 million above the latest reported figure, as Exame reported on September 15, 2026.

The operating strategy is centered on Brazil, digital distribution and new business channels. Brazil accounted for 40 percent of Decolar sales, while management is targeting 50 percent, and the company is expanding partnerships, artificial intelligence tools and B2B services, according to Panrotas on September 17, 2026.

Private ownership sets the next phase

For investors, the key distinction is status: the former NYSE ticker DESP now describes a private Prosus-owned business rather than an independently traded stock. The USD 804 million fiscal-year revenue base and the target above USD 1 billion define the company's next measurable growth checkpoint.