U.S. Travel Helps Airbnb Beats Expectations in First Quarterly Earnings
The company's full-year results demonstrate how the year didn't turn as dire for its business as Airbnb feared during the early days of the pandemic.
Why it is one to watch: One of the few high profile, consumer-brand tech companies going public in this period, it will test investors' confidence in the home-sharing business model, which has been under regulatory and competitive attack. The fact that it is occurring during a pandemic which has devastated travel also poses a challenge.
Expected timing: December.
Type: IPO
S-1: Filed 11/16. Amended filing 12/1 here.