Trivago GmbH , the hotel search platform that is majority owned by U.S. online travel firm Expedia Inc , priced its initial public offering (IPO) on Thursday far below expectations. Reuters had earlier reported that the company is expected to price its IPO at $11 per ADS, well below the indicated range of $13 to $15. The underwhelming pricing of the Düsseldorf, Germany-based company’s offering reflects some concerns among investors, in a challenging year for technology IPOs, that it may be too reliant on a few online travel companies for its revenue.