empty
 
 
17.11.2020 01:59 PM
Airbnb makes Q3 profit despite pandemic

This image is no longer relevant

Airbnb's revenue fell 18% year-on-year in July-September to $ 1.34 billion. Nonetheless, the company made a net profit of about $ 219 million. This was mainly due to cost cuts.

Airbnb has not recorded an annual profit once in its 12-year history and warned that this is also unlikely this year.

The company also announced that its co-founder and head Brian Chesky agreed to cut his salary to $ 1 this year. In return, he will receive a bonus in shares worth up to $ 120 million over a 10-year period, provided that the quotes reach certain levels. Chesky promised to send these funds to charity.

Airbnb announced an IPO filing in August. The listing could be one of the most notable debuts of 2020 on the American stock exchange. The leading underwriters of the placement will be Morgan Stanley and Goldman Sachs Group Inc.

The company plans to list shares on the Nasdaq under the ticker "ABNB".

It is also worth noting that Airbnb expects to raise about $ 3 billion for the IPO, and the company's value can be estimated at more than $ 30 billion.

Thomas Frank,
Experto analítico de InstaForex
© 2007-2024
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $9000 más!
    ¡En Mayo, sorteamos $9000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback