How Airbnb got its IPO plans back on track

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After the coronavirus hit the U.S., the home-sharing platform initially pulled back its ambition to go public, but it managed to file IPO paperwork with the SEC this August. It’s been a roller-coaster year for Airbnb and its much-anticipated plans for an initial public offering or IPO. The home-sharing platform had planned to file back in March to go public, but then coronavirus hit and its revenue nose-dived . Read Full Story

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‘Travel is coming back,’ says Airbnb, as it beats revenue estimates in first earnings

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Despite travel grinding to a halt last year, Airbnb says its revenue for the fourth quarter was down only 22% compared to the same period in 2019. In its first earnings report as a publicly traded company , Airbnb delivered a hopeful forecast for the coronavirus-battered travel industry, expressing optimism that people’s appetite for new destinations will grow this year as vaccines begin to finally make a dent in the pandemic. Read Full Story

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Cord-cutting service FuboTV is coming to the NYSE: Here’s what to know

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The stock offering comes as cable-TV subscribers ditch traditional bundles in record numbers. FuboTV has filed for a public offering on the New York Stock Exchange, the company announced this morning. The sports-focused streaming service, first launched in 2015 as a way to watch soccer games without cable, has been rapidly growing its subscriber count in recent years, despite a flood of competitors in the crowded streaming-TV space. Read Full Story

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