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Airbnb reaches $47 billion value in above-range IPOAirbnb and its investors sold about 52 million shares Wednesday for $68 each after marketing them for $56 to $60 each.- Airbnb set for huge day-one pop, value could top $100 billionThe stock will start trading Thursday, with early pricing indications climbing as high as $150 per share, way above the $68 IPO price.
- Airbnb’s $3.1 billion IPO hinges on hosts who make rentals feel like homeAirbnb said the site will lose some of what makes it unique and sets it apart from hotel chains. As of the end of last year, Airbnb said on...
- Airbnb to boost IPO price range, aims for $42 billion valueThe San Francisco-based company now plans to offer its shares for $56 to $60 apiece, up from a previous price range of $44 to $50 each, sai...
- Airbnb aims for about $35 billion value in long-awaited IPOThe home-rental platform and some shareholders are offering 51.9 million shares at $44 to $50 apiece, San Francisco-based Airbnb said in a ...
- Airbnb to weigh 2021 listing on Silicon Valley ExchangeBy listing on the new exchange, Airbnb would be pledging to operate its business in a manner that complies with the exchange’s ESG standard...
- Airbnb creates endowment, advisory board for hosts ahead of IPOAirbnb told its shareholders that it was splitting its privately held shares, which will lower its stock price per share ahead of the IPO.
- Airbnb files confidentially for IPO with travel reboundingThe company began seeing signs of recovery in June, with bookings down only 30% for the month in 2019.
- Airbnb quarterly revenue drops 67%; IPO still plannedThe company did start to see some signs of recovery at the tail end of the period, with bookings down 30% in June from a year earlier, comp...
- Airbnb is cutting 25% of staff amid global travel slumpThe San Francisco-based startup, which was poised to be the blockbuster stock listing of the year, has raised $2 billion in capital and dra...
- Airbnb board meets to consider raising funds or buying assetsThe home-rental startup has been approached by a dozen potential investors, according to the people, all of whom asked not to be identified...
- Airbnb adds US to virus refund policy after Trump travel banThe San Francisco-based company announced Friday that guests would now be eligible for full refunds for reservations in the U.S. booked on ...
- Airbnb makes tweaks to refund policy amid spread of coronavirusAirbnb’s policy is that all reservations are able to be canceled within 48 hours of booking for a full refund. Beyond that, it’s up to host...
- Airbnb’s path to 2020 stock listing imperiled by CoronavirusSome investors, including a handful of Airbnb backers and would-be buyers of the shares on the public markets, are concerned that the virus...
- Airbnb leans toward direct listing over traditional IPOWith a private valuation of $31 billion, Airbnb is likely to be a topic of discussion. It’s slated to be one of the most high-profile compa...
- IBM fired as many as 100,000 in recent years, lawsuit showsThe technology company is facing several lawsuits accusing it of firing older workers.
- Airbnb expands offer to UFO hunts and lion trackingAirbnb said the price of its new Adventure program can vary from $79 for an overnight stay to $5,000 for a 10-day trip.
- Match Group beats estimates as Tinder's popularity grows in India, JapanThe online dating app, where users swipe right to indicate interest in a potential date, now boasts 4.7 million global subscribers.
- Jeff Bezos becomes the richest man in modern history, topping $150 billionJeff Bezos, 54, crossed the threshold just as Amazon kicked off its 36-hour summer sales event, Prime Day.
- Hedge funds alleging $1.5 billion fraud fear they'll 'bleed dry'The two hedge funds said they first noticed red flags with the company four years ago.
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