BUSINESS

Airbnb Goes To Market To Raise US$3 Billion

Home rental company Airbnb Inc is aiming to raise around US$3 billion in its upcoming initial public offering (IPO).

Airbnb will be one of the largest and most anticipated U.S. stock market listings of 2020 which has already been a blockbuster year for IPOs.

The company’s current plan is to make its filing publicly available in November after the U.S presidential election.

It is targeting an IPO some time in December.

Readers Bureau, Contributor

Edited by Jesus Chan

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