Airbnb plans to list on stock exchanges in 2020

Posted by Aktis Team on 19 September 2019

Despite criticism for disturbing housing market in tourist destinations and attempts to restrain the company’s growth, by the local governments around the world, California based shared economy platform Airbnb released plans to list shares next year. The company claims that it offers places to stay in 191 countries and regions worldwide and said it was profitable in 2017 and 2018. Two other shared economy businesses, Lyft and Uber, went public this year, facing struggles as their potential for making profits is questioned by investors.

BBC.com, Unknown, September 19th 2019

Topics: News Watch, North America