Airbnb is in talks to raise fresh funds that would value the company at $30 billion, The Post has confirmed.
The home-sharing site, which had valued itself at $24 billion in a round of funding last year, will have tripled its valuation in two years.
San Francisco-based Airbnb plans to use the new funds to “further feed its growth plans and international expansion,” a source close to the company said on Tuesday.
A rep for Airbnb, which is headed by Chief Executive Brian Chesky, declined to comment.
As it expands worldwide, Airbnb has been fighting battles with local governments and the hotel industry, which have charged the startup is breaking laws on rentals.
On Monday, housing advocates released a report alleging that 55 percent of New York City Airbnb rentals were illegal.
Separately, Airbnb sued San Francisco to block new renter-registration requirements passed by local officials, saying they violate federal protections for internet companies.
The home-sharing site, which had valued itself at $24 billion in a round of funding last year, will have tripled its valuation in two years.
San Francisco-based Airbnb plans to use the new funds to “further feed its growth plans and international expansion,” a source close to the company said on Tuesday.
A rep for Airbnb, which is headed by Chief Executive Brian Chesky, declined to comment.
As it expands worldwide, Airbnb has been fighting battles with local governments and the hotel industry, which have charged the startup is breaking laws on rentals.
On Monday, housing advocates released a report alleging that 55 percent of New York City Airbnb rentals were illegal.
Separately, Airbnb sued San Francisco to block new renter-registration requirements passed by local officials, saying they violate federal protections for internet companies.