Reuters has reported that Airbnb is planning to wait until December, after the US presidential election and expected accompanying market volatility, before launching its IPO to raise about $3 billion.

Pre-pandemic the platform was less focused on raising cash but more on enabling employees to monetise stock options which were due to expire.

Airbnb has seen a surge of bookings in the past few months, which could reset its $18 billion valuation in April closer to $30 billion.

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