Airbnb planning to go public

Airbnb is the largest home-sharing platform with over 7 million listings in 100,000 cities worldwide

Airbnb was founded in 2008, when Brian Chesky and Joe Gebbia put a mattress in their living room and rented out that space for some extra cash. Since then, Airbnb has grown substantially, with a presence across the world.

Airbnb announced that they are planning to go public in 2020.

Here is the build-up to this announcement:

  • It purchased Hotel Tonight in May ( to provide last-minute hotel bargains)
  • It acquired Luxury Retreats in 2017 (to upgrade their accommodation standards)
  • It added “experiences” to their website/ platforms (so people can book tours, activities etc)

What’s in it for you?

If you are a frequent traveler who uses Airbnb, you might want to follow this closely.

If Airbnb goes public this could enable you to purchase their stocks and have some “ownership” in a service you use ever so frequently.

Depending on the amount of capital (money) they raise, prices of Airbnb could reduce in the long-run as they grow into a larger company.

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