INSUBCONTINENT EXCLUSIVE:
Image copyrightGetty ImagesThe home rentals site Airbnb plans to list on stock exchanges next year, in what is expected to be one of the
highest-profile share sales of 2020.One of the earlier so-called sharing economy sites, the Californian firm is facing criticism for
hollowing out communities in popular destinations.City governments around the world are exploring ways to curb its use.This week Airbnb said
and 2018.The sharing economy includes firms that let ordinary members of the public rent out use of their property: homes, cars, tools,
parking spaces, or skills, directly with anyone happy to pay for them
The peer-to-peer commerce works via an app or a website and often undercuts traditional suppliers of goods and services such as hotels and
taxi firms.Two other similar firms, Lyft and Uber both floated this year, but their shares have fared poorly as investors question their
prospects for making profits.WeWork's owner WeCompany has postponed its initial public offering amidst weak investor interest
WeWork offers shared working spaces with communal office services.Airbnb was founded in 2008 in San Francisco and says it offers seven
million unique places to stay in 191 countries and regions
Recently it added the ability to book activities at a travel destination alongside accommodation
