Airbnb Will Go Public in 2020

/ 08:20 AM September 20, 2019

Internet homestay company Airbnb said Thursday it plans to make its stock market debut next year but offered few details, there has been a lot of speculation about Airbnb going public early 2020.

Launched in 2008, the company is considered a “unicorn,” or a startup valued at more than $1 billion even before its initial public offering and has disrupted the hotel and travel industry.

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Other highly anticipated Wall Street launches for tech companies in the “gig” economy, such as the ride-hailing services Uber and Lyft, have seen shares plummet after the start of trading.
The office space rental firm WeWork this week delayed its IPO until after Airbnb goes public.

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© Agence France-Presse

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