Airbnb aiming to raise $3 billion in IPO by December
US: Airbnb is reportedly aiming to raise around $3 billion in its upcoming initial public offering [IPO], sources close to the matter told Reuters. In news that may generate further optimism for the unicorn company, Airbnb is on course to achieve a valuation of more than $30 billion as a result of the IPO according […]
Airbnb turns down SPAC merger with billionaire investor Ackman
US: It has been revealed that Airbnb turned down the offer of a merger with a blank-cheque / special purpose acquisition company [SPAC] owned by billionaire investor Bill Ackman as it preferred to go down the traditional initial public offering [IPO] route. Bloomberg reported the news, following the announcement in August that the home-sharing platform […]