Airbnb’s long-awaited IPO looks set to go ahead before the end of the year — despite the online holiday rental marketplace expecting its revenue to plunge 50% year-on-year, and a 25% cut in its workforce earlier this year.
As if the global pandemic, market crash, and isolation weren’t enough, Luckin Coffee plummets, Airbnb’s in trouble, and Amazon does a moral U-turn.
With the stock market in turmoil amid coronavirus fears, and the travel sector bearing the brunt of it, what does this mean for Airbnb’s 2020 IPO plans?
The bookings giant hit a snag in its financial reports after it was revealed that losses mounted in 2019. This and more top stories from the week, including earnings and Netflix.
Now that the year is drawing to a close, we look ahead to 3 companies that we think are going to have a very exciting time in 2020.
Airbnb scored a major victory this week after Europe’s top court provided a key ruling at an important time for the company as it prepares to go public.
There have been many high-profile IPOs this year, but here are 3 more to watch out for that might possibly happen before 2019 ends.