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The Information: Airbnb plans to go public by 2020

Published 06/28/2018, 03:02 PM
© Reuters.  The Information: Airbnb plans to go public by 2020
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  • Airbnb (AIRB) wants to go public by late 2020, according to a The Information source.
  • CEO Brian Chesky reportedly told employees today that the company will pay cash bonuses this year after years of not doing so to ease frustrations about the delayed IPO.
  • The 2020 timing would be before some employee stock grants expire.
  • Airbnb expects to bring in $3.5B to $4B in revenue this year but faces regulatory headwinds around the world and competition from Booking.com (BKNG +1.1%).
  • Previously: Airbnb partners with Century 21 to grow Paris listings (June 26)
  • Now read: Booking Holdings: International Agency Growth


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