Oct 27, 2020 - Economy

Airbnb picks Nasdaq for its IPO

Illustration of a bed with the duvet as a hundred dollar bill.

Illustration: Aïda Amer/Axios

Airbnb on Tuesday announced that it plans to list its shares on the Nasdaq, but didn't provide any additional information about its upcoming IPO.

Timing: The hospitality giant continues to target a 2020 offering, as its long-term rental and domestic business have helped offset some pandemic-related slowdowns.

Go deeper