Airbnb, Inc. announced today that it expects to become a publicly-traded company during 2020.
The home rentals giant did not give any details about how it plans to list its shares.
On Wednesday, Airbnb said that it took in more than $1 billion in revenue for the second quarter of 2019.
This year also marked the debuts of several high-profile IPOs including Uber and Lyft Inc.
WeWork owner The We Company has also postponed its initial public offering, walking away from preparations to launch it this month after a lackluster response from investors.
Many richly venture-funded start-ups have recently made unsuccessful stock-market debuts, testing investors’ patience with unprofitable internet ventures.