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Opinion: My thoughts on Airbnb’s IPO
Reading Time: < 1 minuteWorldwide: ShortTermRentalz editor Paul Stevens assesses the potential success of Airbnb‘s IPO and why investors should be encouraged by the company’s ability to operate on a profit.
Airbnb turns down SPAC merger with billionaire investor Ackman
Reading Time: 2 minutesUS: It has been revealed that Airbnb turned down the offer of a merger with a blank-cheque / special purpose acquisition company [SPAC] owned by billionaire investor Bill Ackman as it preferred to go down the traditional initial public offering [IPO] route. Bloomberg reported the news, following the announcement in August that the home-sharing platform […]
Airbnb begins IPO filing process
Reading Time: 2 minutesUS: Airbnb has confirmed via a press release that it has begun the process of filing to go public by submitting a draft registration statement to the Securities and Exchange Commission [SEC] for an initial public offering, or IPO. Just a week after reports emerged that Airbnb would be filing for its IPO this month, […]
Airbnb rumoured to be filing for IPO this month
Reading Time: 2 minutesUS: Airbnb is rumoured to be on the verge for filing for its initial public offering [IPO] later this month in an unexpectedly rapid development for the home-sharing behemoth. According to The Wall Street Journal, the company is set to file the relevant paperwork with the Securities and Exchange Commission before the end of the […]
Airbnb approached for blank-cheque acquisition company merger
Reading Time: 5 minutesUS: Airbnb CEO Brian Chesky has revealed the company was recently approached about going public via a merger with a blank-cheque acquisition company on a Reuters Newsmaker webinar on Wednesday. Mergers with so-called special purpose acquisition companies [SPACs] are seen as a relatively new but increasingly popular way of listing on the stock market. SPACs […]
Airbnb ramps up 2020 IPO plans amid management reshuffle
Reading Time: 3 minutesUS: Airbnb has undergone another management reshuffle in preparation for the revival of its initial public offering [IPO] plans later this year. CEO and co-founder, Brian Chesky, this week confirmed in an internal meeting that Greg Greeley, head of Airbnb’s core rental accommodation business Homes, would be stepping down. In addition, head of Experiences, Catherine […]
“The Airbnb IPO may be bigger and better than ever”: AirDNA CRO Tom Caton
Reading Time: 3 minutesWorldwide: AirDNA chief revenue officer Tom Caton assesses where Airbnb may go next, as the possibility of an IPO for the booking platform this year resurfaces. Airbnb’s evolution has been spectacular to say the least. The glory of Airbnb in the early days, when you’d be offered your host’s coat if you got cold; or […]
Airbnb refuses to rule out IPO this year after rebound
Reading Time: 3 minutesUS: Airbnb is refusing to rule out the possibility of moving ahead with its initial public offering [IPO] by the end of the year, after the process was initially scheduled to begin on 31 March. It comes as the company reports a recent surge in bookings for listings across the United States between 17 May […]
Chesky: Airbnb to improve host relations by facilitating “human connections”
Reading Time: 2 minutesUS: In an interview with Skift CEO and founder, Rafat Ali, Airbnb co-founder and CEO, Brian Chesky, has outlined how he intends to forge better relations with its hosts to become a facilitator of “human connections”, as well as how the platform will incorporate more extended stays in the future post-pandemic. Speaking on The Long […]
Coronavirus threatens to delay Airbnb IPO
Reading Time: 2 minutesUS: Airbnb’s IPO plan, one of the most heavily anticipated public listings in 2020, is in danger of being pushed further back to 2021 due to fears over the global spread of the COVID-19 coronavirus, according to Bloomberg. The virus has already led the company to halt bookings in Beijing, one of Airbnb’s most valuable […]