Articles tagged “ipos”

Oyo CEO Claims Backer SoftBank Isn’t Trying to Sway Its Hotel Strategy

Oyo CEO Claims Backer SoftBank Isn’t Trying to Sway Its Hotel Strategy

Dennis Schaal, Skift

WeWork's implosion is putting pressure on all of SoftBank's investments, Oyo included. If it's not changing course already, the budget hotel chain may soon have to decide whether, as CEO Ritesh Agarwal put it, to grow fast or grow right.

1 week ago

Airbnb Finally Embraces Verified Listings After Halloween Deaths

Airbnb Finally Embraces Verified Listings After Halloween Deaths

Andrew Sheivachman, Skift

Airbnb has avoided these policies under the guise of being just a platform, much like the rest of the tech platform companies. We just hope at some point that tragedies are not the only way to propel change that lots of stakeholders have been asking for all along.

2 weeks ago

Airbnb Attempts to Ban Party Houses After Multiple Deaths in California Shooting

Airbnb Attempts to Ban Party Houses After Multiple Deaths in California Shooting

Dennis Schaal, Skift

House parties and out-of-control guests are the scourge of Airbnb and other short-term rental platforms. The industry has to fix this — fast.

3 weeks ago

Airbnb to Shuffle the Leadership of Experiences Business at Critical Juncture

Airbnb to Shuffle the Leadership of Experiences Business at Critical Juncture

Dennis Schaal, Skift

Is everything on target in the evolution of Airbnb's Experiences business? It's clearly not profitable yet after three years, and the leadership change at the top signals problems. That doesn't mean it's fatally flawed although this isn't precisely the portrait you want to paint on the cusp of Airbnb going public next year.

1 month ago

Why Airbnb Won’t Do an Initial Public Offering in 2020

Why Airbnb Won’t Do an Initial Public Offering in 2020

Dennis Schaal, Skift

Airbnb has always put itself out there as not just another startup or your grandmother's online travel agency. Going the direct listing route, as opposed to a far costlier initial public offering, could fit in nicely with that narrative.

2 months ago

Uber’s Airport Rides Still Small Part of Business, IPO Filing Reveals

Uber’s Airport Rides Still Small Part of Business, IPO Filing Reveals

Sean O'Neill, Skift

Expect new light on the importance of airport rides to the fortunes of Uber to prompt more airport authorities and ground transportation companies to pressure the company harder for various concessions.

7 months ago

Lyft IPO Teaches Lessons to Other Rising Travel Startups

Lyft IPO Teaches Lessons to Other Rising Travel Startups

Sean O'Neill, Skift

Several travel startups dream of going public. Lyft's initial public offering shows that profitability isn't necessarily as important as growth in the eyes of some investors, among some other key lessons.

8 months ago

Airbnb Signals IPO Might Not Come This Year

Airbnb Signals IPO Might Not Come This Year

Isaac Carey, Skift

Airbnb was expected to be one of the most-anticipated of upcoming IPOs. But everyone may just have to wait a bit as the company digests a significant new acquisition.

8 months ago

Ctrip and Tencent Team Up for IPO to Back Emerging Chinese Travel Brand

Ctrip and Tencent Team Up for IPO to Back Emerging Chinese Travel Brand

Dennis Schaal, Skift

It appeared several years ago that Ctrip had locked up the Chinese online travel market when it took control of Qunar and Elong, but that ship has sailed. The emergence of Meituan and now Tongcheng-Elong's initial public offering make it clear that many players will scramble for market leadership.

12 months ago

Airbnb and Other Unicorns Suffer by Staying Private, High-Profile Tech Investor Argues

Airbnb and Other Unicorns Suffer by Staying Private, High-Profile Tech Investor Argues

Dennis Schaal, Skift

Would Airbnb and Uber, for example, be truly better off as public companies? It's unclear because they both have access to tons of money already. But they would both certainly be better equipped to spin their own narratives.

1 year ago

Uber Talks Up Its Side Hustles in March Toward an IPO

Uber Talks Up Its Side Hustles in March Toward an IPO

Eric Newcomer, Bloomberg

The success or failure of Uber's upcoming IPO try will hinge on the merits of its core ridesharing business. Big bets are nice to have and can turn out to have enormous impact, but investors aren't usually known for their patience and long-term thinking.

1 year ago

Uber, Airbnb and Lyft Are Setting Up 2019 as a Landmark Year in Travel IPOs

Uber, Airbnb and Lyft Are Setting Up 2019 as a Landmark Year in Travel IPOs

Dennis Schaal, Skift

In initial public offering land, it's a long time until 2019. The markets are turbulent at the moment and there are big regulatory headaches that stubbornly persist, but investors are salivating at the prospect of dropping some money into Uber and/or Airbnb. These IPO plans could be very impactful.

1 year ago