The Wall Street Journal reported earlier that Airbnb was planning to file paperwork later this month. Airbnb declined to comment on the matter. The company’s plans could change as new outbreaks of the disease continue to flare in the U.S., the people said.
Airbnb Inc. plans to file paperwork for a stock market listing in the next few weeks paving the way for its shares to start trading as soon as the fourth quarter, according to people familiar with the matter.
The San Francisco-based company is preparing to submit documents confidentially with the U.S. Securities and Exchange Commission for an initial public offering, said the people, who asked to not be identified discussing private information. The long-awaited move would represent a swift comeback for the home-sharing startup after the coronavirus pandemic sent the travel industry into a tailspin.
