Aug 20, 2020

Airbnb puts stock market launch back on the table

Airbnb has announced plans to list on the stock market as concerns over the impact of the coronavirus ease. Airbnb is now moving forward after filing confidential registration documents with US market regulators. If the stock market listing goes ahead this year it would be one of the biggest share sales of 2020. Airbnb hasn't given any more details on the timing of the stock market debut or how much money it hopes to raise. Airbnb has been hit hard by travel restrictions and in May announced it was shedding 25% of its staff.

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