airbnb - Latest News, Analysis, Opinion

Airbnb opened at $146 on the Nasdaq, far above the IPO price of $68 per share that raised $3.5 billion for the company. The stock hit a high of $165 and closed at $144.71.

Airbnb Streamlines Fees As It Tilts Toward Biggest Hosts

Hosts interviewed by Reuters said they expect most will raise their listed prices to account for the larger host fee, making the change cost-neutral for most guests and for Airbnb.

Airbnb IPO Filing Shows Third-Quarter Earnings Beating Virus With Cost Cuts, New Focus

Airbnb's revenue fell 18% in the third quarter to $1.34 billion from a year earlier, but it reported net profit of about $219 million, helped mainly by a clamp-down on costs.

Airbnb To Make IPO Filing Next Week, Braving COVID-19 Surge

Aibnb plans to set an IPO price range and kick off an investor roadshow in December, the source said, cautioning that the timing is subject to market conditions.

Airbnb Hires Former Apple Designer Jony Ive's Firm For Multi-Year Partnership

Airbnb is expected to be one of the largest and most anticipated U.S. stock market listings of 2020 which has already been a blockbuster year for IPOs.

Airbnb Aims To Raise Roughly $3 Billion In IPO

Shares of U.S. online travel agency Booking Holdings Inc, which some Airbnb investors use as a conservative public market proxy for its own stock, have rebounded more than 35% in the past six months.

Airbnb Files For IPO As Short-Term Rental Market Rebounds

The move underscores a rebound in parts of the travel industry, which was battered this year by restrictions and shutdowns due to the COVID-19 pandemic.

Airbnb Backs OECD Approach To Digital Services Tax

The OECD talks involve over 100 countries on a major rewrite of global tax rules to bring them up to date for the digital era, but they have so far not produced results as the negotiations have been complicated by the coronavirus pandemic.

Airbnb Bookings Pick Up, Cross One Million Mark On A Single Day