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Airbnb seeks valuation of up to $35 billion in its first IPO price

Airbnb seeks valuation of up to $35 billion in its first IPO price

Airbnb filed an updated S-1 Tuesday, in which it said it’s expecting a price between $44 and $50 per share. This would put the value of Airbnb to $35 billion, which is $4 billion up from its peak private valuation before Covid-19 struck. It dropped to $18 billion, after it raised $2 billion as the pandemic hit its business. The company seeks to raise about $2.5 billion in the IPO later this month.

David
David
gr8cheese
gr8cheese 1 months

Probably an over exaggerated evaluation! Not many people visit AirBnBs in the last months.

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