The 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 second quarter revenue reached $1 billion, but did not say whether it made a profit.
The firm has previously said it was profitable in 2017 and 2018.