The New Paper

November 17, 2020

Airbnb releases IPO prospectus

Airbnb released its IPO prospectus yesterday after confidentially filing to go public in August. While the home-sharing company generated $2.5B of revenue from 147M stays and experiences in the first nine months of this year, sales are down over 30% since the same period last year amid the ongoing coronavirus outbreak.

This story is from the November 17, 2020 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.