Airbnb in financing talks valuing it at about $10 bln - WSJ

March 20 Thu Mar 20, 2014 10:20am EDT

March 20 (Reuters) - Online home-rental marketplace Airbnb Inc is in advanced talks with private equity firms including TPG Capital Management LP to raise funds that would value the company at about $10 billion, the Wall Street Journal reported on Thursday.

TPG is likely to lead the funding round, which could total $400 million-$500 million, the Journal reported, quoting two sources close to the development. (r.reuters.com/fup77v)

(Reporting by Ankit Ajmera in Bangalore)

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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