Tech company Airbnb is aiming to conduct an IPO by the end of 2020.
This is reported by The Information, citing sources.
Airbnb CEO Brian Chesky has reportedly gone out to staff and promised bonuses this year to ease frustration over the lack of listing. This would be the first time in years that Airbnb has given bonuses.
It was also then that he gave the indication about the listing plans. If the listing is completed at the end of 2020, it will happen before several options expire. The tech company predicts that revenues this year will be 3.5-4 billion dollars. The company is facing regulatory resistance but also increased competition from various players.
Source: finwire
