Airbnb recorded a loss before interest, taxes, depreciation and amortisation of $400 million in the second quarter
The contribution by Airbnb made to the Indian economy was driven by guest spending during their stay, hosts investment in their properties, among others, the report said
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The Doha-based carrier offered no figures for the number of employees who will be laid off.
Here is the list of major companies that have said they are downsizing their workforce
There are sectors that are looking beyond the pandemic to pivot from being a high-touch business to a low-touch one
Silver Lake and Sixth Street Partners will invest the money into the home-sharing platform in the form of debt and equity, according to Airbnb.
Airbnb's revenue in 2019 exceeded $4.8 billion, up 35% on year, excluding any foreign exchange impacts
As the hoary tourist t-shirt line goes, it really is "better in Goa". At least for girls on the go, writes elated Amrita Singh
Airbnb has been working toward a stock market debut this year and was looking to start the process around March or April
In collaborative systems, the role of the users may switch between ''consumers'' and ''producers''
Reuters previously reported that Airbnb Inc's revenue for all of 2017 topped $2.5 billion, a more than 50 percent increase over 2016
The companies are armed with centralized knowledge and act consistently based on those experiences.
The world's going to be coming to India and India is going to be going to the world, says Chris Lehane
The initiative is part of the "experiences" category of Airbnb
Tension has grown among a 6,000-person work force as it waits to sell company shares, people with knowledge of the situation said
Airbnb had about $3.5 billion in cash on its balance sheet as of March 31, the source said
Airbnb has identified and banned at least five additional illegal hotel listings
Airbnb is eyeing an IPO next year
The San Francisco-based company last week asked users in China to compete for four slots to stay at a 'Great Wall Wonder house', sleeping overnight in one of the wall's guard towers