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Airbnb in funding talks valuing it at about $10 billion: source


(Reuters) – Online home-rental marketplace Airbnb Inc is in advanced talks with private equity firms including TPG Capital Management LP to raise funds that would value the company at about $10 billion, a person briefed on the matter said Thursday. TPG is likely to lead the funding round, which could exceed $400 million. Texas-based TPG recently made a large investment in ride-sharing company Uber, another major player in the burgeoning sector known as the sharing economy. The Airbnb talks were first reported Thursday by The Wall Street Journal.

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FRIDAY, APRIL 16, 2021

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