Airbnb wants to raise up to $ 2.6 billion with its IPO

The peer-to-peer rental platform Airbnb wants to raise between $ 2.1 and $ 2.6 billion when it is floated on Wall Street, which would value the company up to $ 35 billion, according to financial documents released Tuesday.

The company offers to market 51.9 million shares, at a price range of $ 44 to $ 50 per unit.

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Including the over-allotment option and at the top of the range, that would value the company at $ 30 billion.

By including all the actions, including those granted to employees, this amount would amount to 35 billion dollars (approximately 29 billion euros).

The company, born in San Francisco 13 years ago, has created a concept that has shaken up the business travel and tourism industry, with 4 million guests to its credit.

It plans to list on the Nasdaq under the symbol "

".

Sanitary measures

Its valuation rose to $ 31 billion during a fundraiser in spring 2017 before falling to $ 18 billion last April, according to CNBC.

Airbnb was then hit hard by the sanitary measures imposed in the world in the winter and last spring.

Its revenue for the first nine months of 2020 plunged 32% year on year to $ 2.5 billion.

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Airbnb is one of a group of technology companies that are planning to enter Wall Street before the end of the year.

Food delivery service DoorDash notably announced on Monday that it wanted to raise just over $ 2 billion when it arrived on Wall Street, which would value the company at at least $ 25 billion.