Airbnb CEO Says 2020 Stock Listing is Still on the Table

  • Travel industry has been gutted by the Covid-19 pandemic
  • Vacation-rental startup is seeing encouraging signs of demand
WATCH: Airbnb CEO Brian Chesky discusses his company’s plans for an initial public offering.(Source: Bloomberg)
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Airbnb Inc.’s recovery from the travel slump caused by Covid-19 has been so swift that the startup’s much-anticipated stock listing is still on the table for 2020, Chief Executive Officer Brian Chesky said.

“We’re not ruling it out this year, but we’re definitely not committing to a time line right now,” Chesky said in an interview with Emily Chang on Bloomberg Television Monday. “We’re still a little early in this crisis for me to feel clear enough about how this is going to play out.”