{"id":127992,"date":"2020-12-07T18:28:59","date_gmt":"2020-12-07T15:28:59","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/airbnb-hikes-ipo-price-range-for-potential-42b-valuation\/"},"modified":"2020-12-07T18:28:59","modified_gmt":"2020-12-07T15:28:59","slug":"airbnb-hikes-ipo-price-range-for-potential-42b-valuation","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/airbnb-hikes-ipo-price-range-for-potential-42b-valuation\/","title":{"rendered":"#Airbnb hikes IPO price range for potential $42B valuation"},"content":{"rendered":"

“#Airbnb hikes IPO price range for potential $42B valuation<\/strong>”
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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.<\/p>\n

The vacation-rental giant now plans to list its shares for $56 to $60 apiece, up from the range of $44 to $50 that was announced last week, The Wall Street Journal reports<\/a>.<\/p>\n

At the high end of the new range, Airbnb would raise $3.1 billion from its hotly anticipated IPO with a fully diluted valuation of $41.8 billion \u2014 more than double the $18 billion price tag it received in a private fundraising round in April as the coronavirus pandemic hammered its business, Reuters reported<\/a> Sunday.<\/p>\n

The company could reportedly announce the new price targets on Monday ahead of its Thursday debut on the Nasdaq stock exchange, where it will trade under the ticker symbol \u201cABNB.\u201d<\/p>\n

Airbnb is forging ahead with its IPO at the end of a whirlwind year. The San Francisco-based firm laid off about 25 percent of its staff in May as the coronavirus crisis battered the travel<\/a> industry. Its business recovered over the summer as demand for home rentals increased with travelers avoiding hotels during the pandemic.<\/p>\n

Airbnb\u2019s listing will come amid a record-setting surge in listing activity \u2014 more than $140 billion has been raised so far this year from IPOs on US exchanges, beating the previous record set in 1999 during the dot-com boom, according to the Journal.<\/p>\n

With Post wires<\/em>\n <\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#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…<\/p>\n","protected":false},"author":1,"featured_media":127993,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/12\/Airbnb-IPO.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[82891,73744,5007,72332,70359],"class_list":["post-127992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-12-7-20","tag-airbnb","tag-ipo","tag-nasdaq","tag-stocks"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/127992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=127992"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/127992\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/127993"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=127992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=127992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=127992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}