Stock Market News: Airbnb Says It Plans to Go Public in 2020

Airbnb is considering several nontraditional approaches to its public offering, including a direct listing, the people said. In a direct listing, a company lists shares on a public market without raising any additional capital.

Airbnb said on Thursday that it planned to go public in 2020, becoming one of the last of a generation of prominent technology start-ups to aim for the stock market, even as some of its brethren have struggled since listing their shares.

Start Trading Now or Try a FREE Demo Account

The online room rental company gave little detail about when in 2020 it planned to go public, beyond a one-sentence announcement. On Wednesday, Airbnb reported second-quarter revenue of more than $1 billion and said that it had more than seven million listings in 100,000 cities around the world.

When it goes public, Airbnb, valued by private investors at $31 billion, will be one of the most highly valued public offerings to hit the market since this spring, when a rash of hot start-ups, including Uber, Lyft, Slack and Pinterest, listed their shares.


Making a public statement about going public in a particular year is unusual among technology start-ups, which typically keep their plans secret. But Airbnb made the move as it explored offering equity to the “hosts” who list their homes on its site, according to three people familiar with the situation, who declined to be named because the plans were confidential. Under securities law, Airbnb has to unveil its plans to go public before it can offer shares to the hosts.

Airbnb is considering several nontraditional approaches to its public offering, including a direct listing, the people said. In a direct listing, a company lists shares on a public market without raising any additional capital. The method has gained traction in recent years as the streaming service Spotify and Slack, the business software company, have adopted it.

11 Realistic Ways To Make Money Online Today {2019}

This year, some of the most prominent start-ups — known as unicorns because they were valued at $1 billion and more by private investors — have run into trouble as they tried to reach the stock market or after they went public. The stock prices of the ride-hailing companies Uber and Lyft have plunged, as has the share price of Slack. All of the companies, which are unprofitable, had been hugely hyped on their way to listing their shares.

This week, WeWork, another deeply unprofitable start-up, postponed its initial public offering altogether after a cold reception from investors. The shared office space giant has faced deep skepticism about its business model and corporate governance.

In the past, public market investors have often overlooked the losses of hot tech start-ups, as long as they were growing quickly. But many of the unicorns are maturing, and their growth is beginning to slow. This has raised questions about whether public market investors are missing out on the gains that venture capitalists have experienced.

Start Trading Now or Try a FREE Demo Account

Airbnb’s public offering will cap off a decade of start-up growth driven by the spread of mobile phones, cheap cloud computing and gig economy workers. The company, founded in 2009, has raised more than $4 billion in venture funding, according to Crunchbase.

Airbnb Inc – Company Profile

Airbnb, Inc. operates an online marketplace for hospitality services. The Company offers lodging, homestays, and tourism services via websites and mobile applications. Airbnb serves clients worldwide.

Support SMN.Today

… If You're Able To, Please Support SMN.Today From As Little As $5. Thank You …








Categories: Airbnb Inc.

Tags: , , , , , , , , ,

11 replies


  1. Stock Market News: British Travel Group Thomas Cook Declared Bankruptcy – Stock Market News Today
  2. Philip Morris & Altria End Merger Talks – Stock Market News Today
  3. Conagra Brands Beats Profit Expectations – Stock Market News Today
  4. Tokyo Inflation Slows To 16-Month Low – Stock Market News Today
  5. Global Stocks Lifted by Hopes of More Easy Money – Stock Market News Today
  6. 29% of Americans are Considered {Lower Class} – Stock Market News Today
  7. The Number of U.S. Stocks Hitting Fresh 52-Week Highs Has Fallen Since June – Stock Market News Today
  8. Johnson & Johnson Agrees to Settle Ohio Opioid Lawsuits – Stock Market News Today
  9. Dow Drops 300 Points … Fears of a Recession Continue – Stock Market News Today
  10. U.S. to Impose New Tariffs on EU Goods – Stock Market News Today
  11. The Federal Reserve Should Reduce Interest Rates to Stem an Economic Downturn – Stock Market News Today

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: