Airbnb seeks to raise roughly $3 billion in IPO

Reuters report that home rental company Airbnb is aiming to raise around $3 billion in its upcoming initial public offering. Back in August, the company announced it had filed confidentially for the IPO.

The company aims to achieve a valuation of more than $30 billion in the IPO, a value substantially higher than the $18 billion Airbnb was valued at in April.