Airbnb value reaches US$47bn on IPOBloombergAirbnb Inc has priced its long-awaited initial public offering (IPO) above a marketed range to raise about US$3.5 billion, seizing on investor demand for a home-rental business roaring back from a COVID-19 pandemic-fueled slump. Airbnb host Perla Requejo folds towels in a property that she rents to holidaymakers on the rental platform in Sanxenxo, Spain, on Monday. Photo courtesy of Perla Requejo, ReutersAt that price, Airbnb has a fully diluted value of about US$47 billion, which includes employee stock options and restricted stock units. San Francisco-based Airbnb has seen a bounce back in domestic bookings since the early days of the COVID-19 pandemic crushed demand. Today, Airbnb is one of the biggest travel companies in the world.

Source: Taipei Times December 10, 2020 15:56 UTC