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Airbnb reportedly plans to go public after US election, plans to raise $3 billion – Source CNET Tech

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It looks like Airbnb could be going public. 


Angela Lang/CNET

Airbnb is reportedly looking to raise roughly $3 billion for its debut on Wall Street, according to Reuters. The home rental company revealed in August that it was planning to go public, even during a time when the novel coronavirus had hurt its bottom line. After hitting a low last spring, Airbnb says it’s since seen an uptick in business.

People familiar with the matter told Reuters that Airbnb intends make its filings with the US Securities and Exchange Commission public after the US election in November. The company will then reportedly have its initial public…

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Source CNET Tech

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