{"id":469293,"date":"2020-12-11T12:32:04","date_gmt":"2020-12-11T11:32:04","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=469293"},"modified":"2020-12-11T12:32:04","modified_gmt":"2020-12-11T11:32:04","slug":"on-wall-street-airbnbs-ipo-soars-to-144","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2020\/12\/11\/on-wall-street-airbnbs-ipo-soars-to-144\/","title":{"rendered":"On Wall Street, Airbnb&#8217;s IPO soars to 144%"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Airbnb&#8217;s IPO has kept its promises on Wall Street. The hosting services giant&#8217;s share that went public on Thursday (Dec. 10) ended the session up 144% from the IPO price of $ 68. The starting valuation of 45 billion, or 7 times the turnover of the company, soared to reach 100 billion $ at the close of the markets.<\/p>\n<p>Airbnb&#8217;s capitalization therefore exceeds that of Booking ($ 86bn), which is much more &#8220;big&#8221; in this furnished rental market. Those who equated this introduction of a company that is making losses and laying off a quarter of its employees as a bluff will have to change their minds. The Californian startup, which sits on a PER of 64 attracts investors while its core business, travel, drinks the cup. To believe that the financial market is the seat of paradoxes. Home grocery and food delivery driver DoorDash had already stormed Wall Street, soaring 86%.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Airbnb&#8217;s IPO has kept its promises on Wall Street. The hosting services giant&#8217;s share that went public on Thursday (Dec. 10) ended the session up 144% from the IPO price of $ 68. The starting valuation of 45 billion, or 7 times the turnover of the company, soared to reach 100 billion $ at the<\/p>\n","protected":false},"author":536282,"featured_media":469294,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12591,11996,12008],"tags":[16928,16927,15969],"class_list":{"0":"post-469293","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-feature","8":"category-finance-en","9":"category-stock-exchanges","10":"tag-16928","11":"tag-airbnbs-ipo","12":"tag-wall-street","13":"post_format-post-format-aside","14":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>On Wall Street, Airbnb&#039;s IPO soars to 144% - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2020\/12\/11\/on-wall-street-airbnbs-ipo-soars-to-144\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-11T11:32:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2020\/12\/Airbnb.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"670\" \/>\n\t<meta property=\"og:image:height\" content=\"395\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Albert Savana\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Albert Savana\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2020\\\/12\\\/11\\\/on-wall-street-airbnbs-ipo-soars-to-144\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2020\\\/12\\\/11\\\/on-wall-street-airbnbs-ipo-soars-to-144\\\/\"},\"author\":{\"name\":\"Albert Savana\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/12e2e10e56f65df0540cb842b7b0ce22\"},\"headline\":\"On Wall Street, Airbnb&#8217;s IPO soars to 144%\",\"datePublished\":\"2020-12-11T11:32:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2020\\\/12\\\/11\\\/on-wall-street-airbnbs-ipo-soars-to-144\\\/\"},\"wordCount\":152,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2020\\\/12\\\/11\\\/on-wall-street-airbnbs-ipo-soars-to-144\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/Airbnb.jpg\",\"keywords\":[\"144%\",\"Airbnb's IPO\",\"Wall Street\"],\"articleSection\":[\"Featured\",\"Finance\",\"Stock Exchanges\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2020\\\/12\\\/11\\\/on-wall-street-airbnbs-ipo-soars-to-144\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2020\\\/12\\\/11\\\/on-wall-street-airbnbs-ipo-soars-to-144\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2020\\\/12\\\/11\\\/on-wall-street-airbnbs-ipo-soars-to-144\\\/\",\"name\":\"On Wall Street, Airbnb's IPO soars to 144% - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2020\\\/12\\\/11\\\/on-wall-street-airbnbs-ipo-soars-to-144\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2020\\\/12\\\/11\\\/on-wall-street-airbnbs-ipo-soars-to-144\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/Airbnb.jpg\",\"datePublished\":\"2020-12-11T11:32:04+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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