Airbnb was featured in a recent CNBC Tech article titled, “Airbnb files to go public, turned a profit last quarter.” The piece discusses Airbnb’s Nov. 16 release of its prospectus to debut on public markets. The company, which allows users to book short-term rentals and experiences while traveling, intends to trade on the Nasdaq under the symbol “ABNB.” The article reads, “In its prospectus, the company put an emphasis on building a community around its hosts and guests, positioning that community as a differentiating factor from its competitors. The company said it would set up 9.2 million shares of non-voting stock aside in an endowment fund for hosts.”
To view the full article, visit https://ibn.fm/zSgg6
Airbnb is an American vacation rental online marketplace company based in San Francisco, California. Airbnb offers arrangement for lodging, primarily homestays, or tourism experiences. The company does not own any of the real estate listings, nor does it host events; it acts as a broker, receiving commissions from each booking. For more information about the company, visit www.Airbnb.com.
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