Airbnb aiming for $42bn valuation in bumper Thursday IPO

Reading Time: 2 minutesUS: Airbnb is planning to increase the price range of its upcoming IPO [initial public offering] scheduled for this Thursday 10 December, which could push the company’s post-offering valuation up to as much as $42 billion. The home-sharing platform is set to boost the range from $44-$50 up to $56-$60 per share, while selling up […]
Airbnb hopes to raise $2.5bn in mid-December IPO

Reading Time: 2 minutesUS: Airbnb has disclosed that it is seeking to raise up to $2.5 billion in its upcoming initial public offering [IPO]. In addition, the platform is targeting a higher-than-initially-expected valuation range of $30 billion – $33 billion and is on course for a listing on the public markets by mid-December. The price range of the float […]