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“#Airbnb stock priced at $68 in one of 2020’s biggest IPOs” Airbnb sold its stock for $68 a share in one of the US’ biggest initial public offerings this year, raising about $3.5 billion ahead of its Thursday market debut. The vacation-rental giant’s highly anticipated IPO gave it a fully diluted valuation of more than…
“# Crypto exchange lists Airbnb derivative contract ahead of IPO ” FTX, a crypto derivatives exchange, has added Airbnb to its list of stock offerings on the eve of the online rental marketplace’s highly-anticipated IPO. As of late Tuesday, cryptocurrency traders can gain exposure to Airbnb through a pre-IPO derivatives contract directly on FTX. As a…
“#Airbnb hikes IPO price range for potential $42B valuation” Airbnb plans to raise the target price range for its initial public offering this week to potentially give itself a nearly $42 billion valuation, according to reports. The vacation-rental giant now plans to list its shares for $56 to $60 apiece, up from the range of…
“#Airbnb exec quit over concerns it shared too much data with China” The former chief trust officer of Airbnb was so concerned about how much user data the internet behemoth was sharing with China, he resigned from his post last year after just six months on the job. Sean Joyce, Airbnb’s former chief trust officer…
“# Airbnb plays blockchain buzz-word bingo in $1B IPO filing with SEC ” Short-term accommodation booking platform Airbnb has filed a prospectus for a $1 billion initial public offering, or IPO, with the United States Securities and Exchange Commission on Nov. 16. Hidden away in the 350+ page document is a half page dedicated to…
“#Airbnb files for IPO, reveals widening losses and falling revenue” Airbnb filed for its long-awaited initial public offering revealing widening losses and falling revenue as the pandemic has kneecapped the travel industry. In a so-called S-1 securities filing on Monday, the home rental company admitted that its loss for the first nine months of the…
“#Airbnb reportedly to make IPO filing public next week despite COVID-19” Airbnb plans to make its IPO registration public next week, putting it on course for a New York stock market debut in December even as the COVID-19 pandemic intensifies, two people familiar with the matter said Thursday. The home rental company’s planned debut on…
“#Airbnb plans to list shares on Nasdaq before year end” Home-rental startup Airbnb plans to list its shares on the Nasdaq, setting the stage for one of 2020’s most high-profile stock market debuts. Earlier this month, Reuters reported the company was aiming to raise $3 billion in its IPO, which could give it a valuation…
“#Airbnb hires famed Apple designer Jony Ive” Airbnb has tapped famed Apple design boss Jony Ive to spruce up the home-sharing startup’s products as it prepares to go public. Ive and his new firm, LoveFrom, will help Airbnb design the “next generation” of its products and services and develop its internal design team, CEO Brian…
“#Woman falls to death during Airbnb party in New Zealand” A woman in New Zealand plunged to her death from the balcony of an Airbnb that had been rented for a party, according to reports. The fatal fall occurred around 3:30 a.m. Sunday from the ninth floor of the Auckland Harbour Suites, NZ Herald reported….