Business Companies: Airbnb to file public listing in August, according...

Companies: Airbnb to file public listing in August, according to Wall S

The platform for renting homes between individuals Airbnb plans to file its listing in August and could be listed on Wall Street before the end of the year, .

Questioned by AFP, Airbnb declined to confirm this information. According to the financial daily, the company plans to send the necessary documents to the US stock exchange authorities (SEC) in the coming weeks.

The company hopes to make a request for confidentiality, the newspaper said. Allowed since 2012 by a US law and extended in 2017 to large companies by the SEC, this procedure aims to favor the listing without the need to publicly disclose confidential information before an advanced stage of the process.

Airbnb’s arrival on the stock market will be managed by banks Morgan Stanley and Goldman Sachs, The Wall Street Journal reported.

The Californian group reported last September of its intention to go public in 2020. But it had to suspend its project due to the COVID-19 pandemic that hit its activities squarely. At the beginning of May, the company announced the dismissal of 25% of its 7,500 employees worldwide.



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