Airbnb will go public in 2020

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THE AIRBNB PLATFORM IN MEXICO FINDS A TAX PARADISE Economy.- Brussels requires Airbnb to comply with European consumer standards before the end of August.

The tourist rental company Airbnb will go public during 2020, as specified in a brief statement in which it has not offered more details of the operation.

The firm has not specified whether it will make a public offer of sale (OPV), as most of the American companies usually do, or if, on the contrary, it will choose to quote directly in one of the Bags of the American country.

Airbnb’s decision comes just when The We Company, parent of the WeWork office and space rental company, has decided to delay its own IPO. In recent weeks, several US media said that WeWork was considering seeking a valuation of about 20,000 million dollars (18,093.1 million euros) in its stock exchange debut, despite the fact that in the last round of financing between private investors there were reached a valuation of 47,000 million dollars (42,518.7 million euros).

In this way, Airbnb chooses to debut in the markets after a year in which there have been several OPVs of technology companies or the so-called “collaborative economy”, such as Uber, Lyft, Pinterest or Slack.

This same week, the tourist rental company reported that during the second quarter it had posted a turnover of 1,000 million dollars (904.7 million euros), although it did not give details of the net result. As part of the IPO process, the company will have to submit to the United States Securities and Exchange Commission (SEC) its detailed accounts of the last years.

© 2019 Europa Press.

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