MarketWatch.com on the Airbnb IPO

The San Francisco company, which was founded in 2008 and has become a platform for people to rent out their homes all over the world, started the day having raised at least $3.5 billion at a valuation of more than $40 billion. By the end of trading, Airbnb’s market capitalization was roughly $86.5 billion, slightly higher than the market cap of Booking Holdings Inc., a larger and more established online-travel company. Other valuation methods put the company’s worth at more than $100 billion, which would be roughly the same as the combined market caps of Booking plus another rival, Expedia Group Inc.

~ MarketWatch.com, "Airbnb stock more than doubles after IPO, making it worth more than larger rival Booking," December 10, 2020