Airbnb wants to give landlords shares

Airbnb wants to give landlords shares

World September 21, 2018 21:48

- Airbnb plans to reward some landlords who use its platform with shares in the company.

The housing rental site sent a letter with information about that plan to the US regulator SEC, reported news site Axios.

The stock exchange watchdog, which also monitors non-stocked shares, such as Airbnb's, is asked in the letter to adjust its rules for companies such as Airbnb.

Companies reward employees with shares more often, but the provision of shares to users of a platform is not yet permitted.

Airbnb wants to use the plan to encourage the use of its platform. ' Airbnb is a company that depends on its user community. We would not be anything without our landlords. We want to reward our most loyal landlords with shares, but the rules have to change, 'says Airbnb CEO Brian Chesky in a reaction against Axios.

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