CapitalG-backed Airbnb, valued at $31bn as of 2017, has declared it plans to list its shares next year, and looks likely to choose a direct listing.
Airbnb, the US-based short-term accommodation platform backed by internet and technology group Alphabet, intends to list its shares on a public market in 2020, it said yesterday.
Founded in 2008, Airbnb runs an online platform where users can rent out rooms or complete properties to each other for short-term use. It currently has more than 7 million listings on its platform covering 100,000 towns and cities across the world.
The company did not offer additional details of its plans but…
