It is said that airbnb plans to lower its valuation to $18 billion this month

category:Finance
 It is said that airbnb plans to lower its valuation to $18 billion this month


Like Uber and LYFT, airbnb, also in the shared track, has recently experienced a dive in valuation, from $31 billion at its peak to $18 billion at present. In May this year, the company announced that it would lay off a quarter of its employees affected by the epidemic.

However, due to the stickiness of users, airbnb has recovered rapidly after the economic restart. On July 8, the company said that the total number of days that users have scheduled to live on the platform in the future has exceeded 1 million days, which is the first time that the platform has reached this level after March 3.

It is reported that considering the current stock market volatility, the company may not follow this schedule to promote IPO. Due to the impact of the epidemic in the first half of the year, the new stock market was temporarily suspended, many heavyweight new shares were crowded to be listed in the second half of the year. Following the successful listing of Warner Music and insurance technology Unicorn lemonade, both delivery platform doordash and intelligence Unicorn Palantir have plans for IPO in late summer and early autumn.

Source of this article: Wang Xiaowu, editor in charge of CFA_ NF