20-09-2019 01:18 via ocregister.com

Airbnb says it will go public in 2020

By Dee-Ann Durbin, The Associated Press
Airbnb Inc. said Thursday it plans to go public in 2020, a long-awaited move by the home-sharing company that is both loved and reviled for its disruption of the hotel business.
Airbnb disclosed the news in a brief statement. It didn’t give a target date for the initial public offering or say why it thinks the timing is right. Airbnb was valued at $31 billion last year, according to Renaissance Capital, which researches IPOs.
San Francisco-based Airb
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