Home-sharing giant Airbnb has filed confidential paperwork for an initial public offering paving the way for a potential public markets debut later this year by skleb1234
that it had confidentially filed its IPO paperwork with the Securities and Exchange Commission on Wednesday.
Airbnb did not disclose financial information or specify how many shares would be offered in its IPO, saying that both were “yet to be determined.” Airbnb had plans to go public earlier this year, but put an IPO on hold as the pandemic wreaked havoc on its business, forcing the company tothat Airbnb’s 2020 revenue would be less than half of what the company made in 2019.at $18 billion in its latest round of fundraising in April, down from an earlier valuation of $31 billion in 2017.
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