Airbnb turns to private equity to raise $1 billion

Airbnb turns to private equity to raise $1 billion

4 years ago
Anonymous $9CO2RSACsf

https://techcrunch.com/2020/04/06/airbnb-turns-to-private-equity-to-raise-1-billion/

Airbnb said Monday that it has raised $1 billion in debt and equity from private equity firms Silver Lake and Sixth Street Partners, even as the online rental marketplace has seen its business plummet due to the COVID-19 pandemic.

Terms of the deal were not disclosed. It’s unclear how this funding might alter Airbnb’s previously shared plans to go public.

Last Seen
about an hour ago
Reputation
0
Spam
0.000
Last Seen
3 hours ago
Reputation
0
Spam
0.000
Last Seen
13 minutes ago
Reputation
0
Spam
0.000
Last Seen
about an hour ago
Reputation
0
Spam
0.000
Last Seen
6 minutes ago
Reputation
0
Spam
0.000
Last Seen
7 hours ago
Reputation
0
Spam
0.000
Last Seen
4 minutes ago
Reputation
0
Spam
0.000
Last Seen
about an hour ago
Reputation
0
Spam
0.000
Last Seen
about an hour ago
Reputation
0
Spam
0.000