After spending much of the pandemic worried over the relevance of short-term and travel stays, Airbnb has announced that it is doing better than it originally predicted. The short-term rental hosting startup has restarted its plans to come public, stating that it is looking to raise $3 billion in a December-planned IPO.
Sources that have released the IPO news also said that Airbnb could hit a valuation of $30 billion.
Airbnb has alluded to one of the reasons for this rebound being that travelers are opting to stay in sanitized homes rather than risk staying in hotels where they would be in contact with strangers.
The short-term rental platform isn't the only company planning an IPO while the pandemic continues to rage. Opendoor also showed signs of a possible public announcement in the near future.
Alma Media has released a new-look financial analysis for its Q1 2024 results. Highlights include: Adjusted operating profit decreased by...
Read More
This week's product roundup includes another great initiative from Domclick—the second in consecutive weeks. And interestingly, we've spotted three big...
Read More
US number two portal Realtor.com has announced a new marketing campaign that will champion the value and skills of independent...
Read More
Singapore is well known for its obsession with property and the market dynamics there are pretty unique... There can't...
Read More
