Home rental firm Airbnb aims to raise roughly $3b in IPO

Home rental firm Airbnb aims to raise roughly $3b in IPO

Airbnb . Photo: Reuters

Home rental company Airbnb Inc is aiming to raise around $3 billion in its upcoming initial public offering (IPO), people familiar with the matter said on Friday, taking advantage of the unexpectedly sharp recovery in its business after the COVID-19 pandemic roiled the travel industry.