Airbnb moves to go public despite pandemic struggles
by Associated Press from Technology | The Guardian on (#573VK)
Home-sharing company files preliminary paperwork to sell stock after cutting nearly 2,000 workers in May
Airbnb on Wednesday filed preliminary paperwork for selling stock on Wall Street, undaunted by a global pandemic that has taken some wind out of its home-sharing business.
The San Francisco-based company said it submitted a draft registration statement to the Securities and Exchange Commission. It kept details in the statement confidential.
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