Home-rental startup Airbnb Inc plans to list its shares on the Nasdaq, setting the stage for one of 2020’s most high-profile stock market debuts - Reuters reports.
Earlier this month, Reuters reported the company was aiming to raise $3 billion in its IPO, which could give it a valuation of more than $30 billion, and that it was targeting a listing before the end of the year.
Airbnb did not give a timeline for when it may complete its IPO. The company had filed confidentially for an IPO with U.S. regulators in August.