Airbnb releases public IPO filing, seeks Nasdaq listing under ticker ABNB, reports $219M in net income on revenues of $1.3B last quarter, down nearly 19% YoY
- Airbnb has released its prospectus to debut on public markets. — Brian Chesky, CEO of Airbnb
CNBC Salvador Rodriguez
Related Coverage
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Discussion
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@thekenyeung
Ken Yeung
on x
In 2019, Airbnb generated Gross Booking Value of $38 billion, a 29% YoY increase from 2018; plus revenue of $4.8 billion, a 32% YoY increase from 2018. In the nine months of 2020, however, it had $18 billion GBV, down 39% YoY, and $2.5 billion revenue, down 32% YoY.
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@shiraovide
Shira Ovide
on x
Is it better to be Uber and see your numbers get ugly (but your stock price go up) the year after the IPO because of a pandemic-related travel freeze... or to be Airbnb pitching your IPO in the middle of a pandemic-related travel freeze. Not sure!
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@bdsams
Brad Sams
on x
The “ride the VC money till the cows come home and our competitors die trying” is alive and well. https://twitter.com/...
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@davidspinks
David Spinks
on x
Airbnb reports that ✨building a community✨ is their primary differentiating factor from its competitors and lists it as their top two core strengths (host and guest communities). The word community appears 166 times in the IPO prospectus. https://cnbc.com/...
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@levie
Aaron Levie
on x
Few startups have had as wild of a year as Airbnb. Congrats to @bchesky, @jgebbia and team on executing through a crisis and continuing to build an epic company.
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@rafat
@rafat
on x
Airbnb has $4.5bn in cash & equivalents on the balance sheet, will be fine through this dark winter and well into next year. #airbnbipo https://twitter.com/...
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@mattrosoff
Matt Rosoff
on x
Curious why Airbnb ($ABNB) seems to show a profit every Q3, but mostly losses in other quarters? https://www.sec.gov/...
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@coryweinberg
Cory Weinberg
on x
This is interesting: Airbnb published execs' performance measures. H1 2019: only 52% achievement on Homes growth Then it spent a bunch of money on growth... Then... H2 2019: 0% achievement on profitability because it was below the mid-year outlook https://twitter.com/...
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@thekenyeung
Ken Yeung
on x
Airbnb seeks to raise $1 billion on the Nasdaq under the ticker “ABNB”. It has more than 4 million hosts that have earned cumulatively $110 billion from 825 million guests. https://www.sec.gov/...
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@coryweinberg
Cory Weinberg
on x
How the summertime recovery went for Airbnb: Revenue fell 18% YoY in Q3. That's significantly better than BKNG (-46%) and Expedia (-58%)