News: Property start-up is still yet to launch an IPO.
A new round of funding could value Airbnb at $30 billion as the company seeks to make new investments.
The property rental company is currently in talks about the investment, which would be spent on growth and international expansion, according to sources speaking to the New York Times.
This will mean a tripling of Airbnb’s valuation in two years, and an increase from the company’s last valuation at $25.5 billion.
Although it is expecting to achieve profitability in 2016, Airbnb has not been short of funding. In December, Airbnb announced that it had raised $1.5 billion in funding through a filing with the US Securities and Exchange Commission.
Bloomberg has reported that Airbnb secured a $1 billion debt facility.
In 2014, at the Guardian Changing Media Summit, Airbnb CTO and co-founder Nathan Blecharczyk said that the company was currently well-capitalised enough and was not seeking an IPO.
This has not stopped continuing rampant speculation about an IPO, however.
The service has over 2 million listings of rooms, apartments and houses in cities and towns around the world.
It allows people to rent out their properties to other users of the site for short stays,, allowing a lower cost than a hotel but with more privacy than a hostel.
In September, former England rugby captain Lewis Moody used Airbnb to rent out his house while he’s attending the Rugby World Cup. A tongue-in-cheek advert on the house-sharing site lists a "beautiful and spacious family home" in Bradford on Avon and emphasised the presence of rugby posts and rugby balls, with the ad even suggesting that Moody will offer guests "a few rugby pointers."
The company makes revenue by taking a 3% share of each booking on its website, and it charges a 6% to 12% service fee from guests.
Airbnb is one of the most valuable companies in the world. The only higher valued US start-up is Uber with a valuation of $62.5 billion.