Airbnb plans public listing in 2020

FILE PHOTO: The logos of Airbnb are displayed at an Airbnb event in Tokyo, Japan, June 14, 2018. REUTERS/Issei Kato/File Photo

(Reuters) – Home rentals giant Airbnb said it plans to list on stock exchanges in 2020, making it one of the most high-profile market debuts next year. (bit.ly/2mqasWw)

Earlier this week, Airbnb said that it took in more than $1 billion in revenue for the second quarter of 2019. Reuters had reported in June that Airbnb was considering a direct listing.

Reporting by Anirban Sen; Editing by Shailesh Kuber

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