AirBnB IPO

Business • Economy
Airbnb files to go public
Airbnb files to go public
Credit: Open Grid Scheduler / Grid Engine (Public Domain)

Airbnb announced on Wednesday that it had confidentially filed to go public. Reports indicate the company could have an IPO as soon as the end of the year.

The company had been privately valued at $31 billion before this year and it must now convince investors that it can thrive and turn a profit in a new era of limited travel.