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Airbnb Files for IPO Disclosing Pandemic’s Effect on Rentals
Posted
November 16, 2020
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November 16, 2020
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4:33Now PlayingAirbnb Inc. disclosed details of its initial public offering plans for the first time, releasing financial results and previously confidential information on its operations.
Precise terms of the IPO, including the size and target price for the San Francisco-based home-rental platform’s shares, won’t be disclosed until a later filing.
The listing is set to be one of the biggest this year, capping an IPO surge that has largely defied the economic devastation inflicted by the coronavirus pandemic.
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