When shares in Airbnb opened at $144.71 on the Nasdaq in December 2020, it marked one of the most successful IPOs in history. The rental platform’s shares skyrocketed on their first day of trading, ...
In early 2020, Airbnb’s management announced that to address the slowing growth in sales, it wanted to scale back ancillary activities and focus on the company’s core strength of mid-range and budget ...
Oct 7 (Reuters) - Airbnb burned through more than $1.2 billion in cash between mid-2019 and mid-2020, ahead of its high-profile initial public offering (IPO), the Information reported, opens new tab ...
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