Airbnb fields investor interest for stake sale: sources

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Airbnb Inc has received inquiries from potential investors who want to acquire a stake in the U.S. home rental company in the wake of the ...

Airbnb Inc has received inquiries from potential investors who want to acquire a stake in the U.S. home rental company in the wake of the coronavirus outbreak, people familiar with the matter said on Thursday.

Small toy figures are seen in front of diplayed Airbnb logo in this illustration taken March 19, 2020. REUTERS/Dado Ruvic/IllustrationREUTERS: Airbnb Inc has received inquiries from potential investors who want to acquire a stake in the U.S. home rental company in the wake of the coronavirus outbreak, people familiar with the matter said on Thursday.

The discussions with venture capital investors and sovereign wealth funds are at a very early stage and may not result in a transaction, the sources said, requesting anonymity as the matter is private.Airbnb did not immediately respond to a request for comment. The talks were first reported earlier by CNBC.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coronavirus: Kudlow says government could take equity stakes for company aidWASHINGTON (BLOOMBERG) - The White House's top economic adviser, Mr Larry Kudlow, said the administration may consider asking for an equity stake in corporations that want coronavirus aid from taxpayers.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Olympics - Securing level playing field may not be possible due to virus: CoeEnsuring a level playing field for athletes during their Olympic preparations may not be possible due to the coronavirus pandemic but it is a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Olympics: Securing level playing field may not be possible due to virus, says CoeEnsuring a level playing field for athletes during their Olympic preparations may not be possible due to the coronavirus pandemic but it is a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Hyflux receives letter of interest from Spanish water management firm for ‘potential transaction’SINGAPORE: Another potential investor has come knocking on the doors of embattled water treatment firm Hyflux. The company, which in the midst of ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Exclusive: China to ramp up spending to revive economy, could cut growth target - sourcesChina is set to unleash trillions of yuan of fiscal stimulus to revive an economy expected to shrink for the first time in four decades amid the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Exclusive: US is considering measures to boost lending to low-income Americans - sourceU.S. regulators are considering issuing guidance that would encourage lenders to offer loans to low-income individuals and to provide leniency on ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »