By Joshua Franklin
(Reuters) - U.S. home rental company Airbnb Inc plans to make its initial public offering (IPO) registration public as early next week, setting course for a stock market debut next month even as the COVID-19 pandemic intensifies, two people familiar with the matter said on Thursday.
The IPO filing will give outsiders their first detailed look into Airbnb's business. It will shed light on the company's reinvention after the virus outbreak pushed it to shift focus from city apartments to holiday home rentals. It has seen demand for house listings surge as vacationers snub hotels to practice social distancing during vacation breaks.
The United States set a one-day record for new coronavirus cases on Wednesday, with at least 102,591 new infections reported, according to a Reuters tally.
Aibnb plans to ...
Read More on Datafloq
No comments:
Post a Comment