Airbnb files to eaise US$850m at US$30b valuation
The equity round values the San Francisco-based company at US$30 billion, people told Bloomberg in June. The private stock market company Equidate provided Airbnb’s July 28 filing.
A spokesman for Airbnb declined to comment. The filing doesn’t disclose who is making the investment.
Airbnb has been restrained about how much capital it takes on compared with ride-sharing company Uber Technologies Inc., which has raised more than US$15 billion in equity and debt. Airbnb and Uber are often discussed together because they were founded within a year of each other and have come to define the on-demand economy. Uber is valued at almost US$68 billion.
In July 2015, Airbnb raised US$1.6 billion at a US$25.6 billion valuation, according to Equidate. With the US$850 million disclosed in last week’s filing, Airbnb has raised about US$3.2 billion in equity, according to Equidate.
Airbnb in June secured a US$1 billion debt facility from JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp. and Morgan Stanley. — Bloomberg
from Malay Mail Online | All http://ift.tt/2aPOhR5
Today updated news promoted by Mukah Pages
Post a Comment