Bulletins

Airbnb filed its IPO prospectus

Airbnb's S-1 filing, which was made public on Monday, reveals that the company lost nearly $697 million since the beginning of 2020, on $2.52 billion in revenue.

The filing casts new light on the company's pandemic-era rebound, revealing Airbnb made $219 million in net income on revenues of $1.34 billion last quarter.

Airbnb's filing sets up the home rental company to go public before the end of the year; it had delayed its filing to avoid being overshadowed by the U.S. election, Bloomberg reported. Airbnb is set to be one of the largest stock market listings this year.

Emily Birnbaum

Emily Birnbaum ( @birnbaum_e) is a former tech policy reporter with Protocol. Her coverage focuses on the U.S. government's attempts to regulate one of the most powerful industries in the world, with a focus on antitrust, privacy and politics. Previously, she worked as a tech policy reporter with The Hill after spending several months as a breaking news reporter. She is a Bethesda, Maryland native and proud Kenyon College alumna.

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