U.S. home rental company Airbnb plans to make its initial public offering (IPO) registration public as early next week, setting course for a stock market debut next month even as the Covid-19 pandemic intensifies, two people familiar with the matter said on Thursday.
The IPO filing will give outsiders their first detailed look into Airbnb's business.
The U.S. election diminished uncertainty for IPO hopefuls this week, as the prospect of a divided government that would not raise taxes fueled a stock market rally.
Airbnb is set to be one of the largest stock market listings of 2020 in what is already a blockbuster year for IPOs.
Airbnb secured emergency funding from investors, including Silver Lake and Sixth Street Partners, in April, amid the first wave of the Covid-19 pandemic.
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