Sunday, September 7, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home News

Airbnb Set to Launch Its IPO in 2020

Tech Gist Africa by Tech Gist Africa
09/20/2019
in News, World News
0 0
0
Airbnb to go public in 2020
0
SHARES
Share on FacebookShare on Twitter

Airbnb, an online marketplace for offering and booking lodging, primarily homestays, and tourism experiences, has announced its plans to launch an IPO in 2020.

Founded in 2008, Airbnb allows individuals and organizations to list properties on their website for possible lodgings and homestays. The company is evaluated at $30 billion and alleged to have more listings than the eight largest hotel groups in the world.

Airbnb revealed in a press release that their revenue exceeded $1 billion in the second quarter of 2019. The statement read “In the second quarter of 2019, Airbnb recognized substantially more than $1 billion in revenue. The second quarter of 2019 marked the most outstanding second quarter in our history in which revenue exceeded $1 billion.”


See also: LinkedIn to aid Recruiters Validate Skills Listed by Users LinkedIn Skill Assessment Feature


The company intended to list in March 2019, alongside Uber and Lyft. But the plan was interrupted by the company’s co-founder Nathan Blecharczyk. They have however decided to go on with the listing by 2020.

Airbnb stated that as of September 15th, 2019, individuals and organizations who listed their homes and rooms on the platform made over $80 billion. They also revealed that about 45,000 teachers who listed on the platform earned $160 million in one year.

The company’s statement also revealed that its housing stock listings are about 7 million in over 100,000 cities globally. Over 1,000 cities have more than 1,000 listings.

 

More on TechGist Africa:

  • MEST Africa calls for Its Class of 2021 Submission
  • Ugandan-based SafeBoda Expands to Second Nigerian City
  • Japan-based Fijitsu develops Sensor technology to Scale Health Diagnoses
  • Laos-based KiwiPay set to Expand across Seven African Countries
  • Mobile BroadBand Limited Zambia set to Sell, Calls for Open Bidding Tenders
ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Stratech South Africa
Investments

StraTech Secures Strategic Investment to Expand Enterprise Fintech Infrastructure Across Africa

by Tech Gist Africa
09/05/2025
0

StraTech, a South African fintech startup specializing in enterprise-grade financial infrastructure, has secured a strategic investment from VEA Capital Partners,...

Read more
Sahel Capital Mastercard Foundation

Sahel Capital Secures $10M from Mastercard Foundation to Scale Agri-SMEs Across Africa

09/05/2025
REdimension Capital South Africa

REdimension Capital Secures $13.8 Million to Transform South Africa’s Proptech Landscape

09/04/2025
Finnfund Poa Internet Kenya

Finnfund Invests $4M in Poa Internet to Expand Affordable Broadband in Kenya

09/04/2025
Holo Fintech UAE

Holo Secures $22M Series A to Revolutionize Homeownership in UAE and Saudi Arabia

09/03/2025
Next Post
MEST Africa

MEST Africa calls for Its Class of 2021 Submission

Big 5 daily Airbnb

MEST Africa calls for Its Class of 2021 Submission, Jumia and Other Startups generates $605 Million in Profit for Parent Company Rocket Internet and More

Jumia discover misconduct by sales-force

Jumia and Other Startups generates $605 Million in Profit for Parent Company Rocket Internet

No Result
View All Result

The Big 5

ITIDA Egypt

Egypt’s Start IT Programme Welcomes Eight Innovative Startups in 47th Cohort

by Tech Gist Africa
09/01/2025
0

...

startup africa

Innovate47 Launches Food & Agri Accelerator to Empower African Startups

by Tech Gist Africa
09/01/2025
0

...

Dubai AI Accelerator

Dubai’s AI Accelerator has opened Registration for the “Future of AI in Government Services Accelerator” Program

by Tech Gist Africa
09/01/2025
0

...

Presight AI-Startup Accelerator

Presight AI-Startup Accelerator Ignites Global Innovation in Abu Dhabi

by Tech Gist Africa
09/01/2025
0

...

African tech ecosystem

Africa’s Growing Role in Global Tech Partnerships: Collaboration with Silicon Valley and Beyond

by Tech Gist Africa
08/25/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.