Airbnb sets IPO pricing terms: CNBC

Airbnb, the home-sharing platform, is planning on pricing its IPO between a price range of $44 to $50 per share, reported CNBC, citing a new filing.

Airbnb, the home-sharing platform, is planning on pricing its IPO between a price range of $44 to $50 per share, reported CNBC, citing a new filing. The media outlet noted that Airbnb is seeking to raise about $2.5 billion for its IPO. Airbnb’s backers include TPG Capital Management LP, Silver Lake and Sixth Street Partners.

Source: CNBC