Airbnb Says It Intends to Go Public in 2020
Photo Credit: Family travel, Airbnb style. The company generated revenue of more than $1 billion in its second quarter. Airbnb
Skift Take
While $1 billion in revenue is impressive, it's not the first time Airbnb has achieved the number. What matters for the homesharing platform is the growth narrative. Now that the timing of the company's IPO is pegged for 2020, we know just how long we will have to wait to see how the story line plays out.
Airbnb said on Thursday that it intends to go public in 2020, ending much speculation about the timing of one of the most-anticipated IPOs in travel.
The news came after Airbnb said Wednesday it generated revenue of more than $1 billion in the second quarter of its 2019 financial year — the second time in its history it has passed the figure.
The company is preparing to launch a new multi-media advertising campaign featuring a number of its hosts across the United States.
Essentially, Airbnb is harking back to its roots as a homesharing platform, something it seems keen to do especially in the
