Airbnb has reported its first full year of profitability and $8.4-billion of annual revenue – 75% more than it achieved in the year immediately preceding the pandemic.
Browsing: Brian Chesky
Airbnb is suspending its operations in Russia and Belarus, CEO Brian Chesky said in a tweet on Friday morning.
Airbnb is aiming for a valuation of nearly $35-billion in what will be the last blockbuster US IPO of the year, marking a stunning recovery in its fortunes after the home rental firm was ravaged by Covid-19.
Airbnb is hiring former Apple design chief Jony Ive and his new firm, LoveFrom, to work on projects with the home-sharing start-up.
Airbnb is cutting 25% of its workforce as the coronavirus pandemic continues to pummel the travel sector. About 1 900 Airbnb employees across the world will be affected
Airbnb has lined up $1-billion in debt, adding to last week’s same-size haul and boosting a financial cushion it can use to grow and pay bills as the global coronavirus pandemic crushes demand for travel.
Airbnb has rolled out a full refund policy for reservations across the globe, including South Africa, in light of the coronavirus pandemic.
Airbnb is to verify every listing on its platform, following a string of scams and a deadly shooting at a house party.
Airbnb’s Brian Chesky is trying to soothe the masses. The co-founder and CEO of the home-sharing website told employees on Thursday that it will pay them cash bonuses and is aiming to hold an IPO before late
Airbnb doubled net revenue in the third quarter and remains on a profitability streak, as the business builds toward an initial public offering expected next year, according to people familiar with its