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Airbnb expands into hotels, cars, groceriesAirbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and groc...
Airbnb says AI now pens 60% of its code as tech firms trim teamsAirbnb's CEO revealed that nearly 60% of code was AI-generated last quarter, accelerating feature development and improving API partner too...
US stock market today: Why Dow Jones is down while S&P 500 and Nasdaq rise today — Dow crashes over 160 points as oil surges above $100 and Iran tensions rattle blue-chip stocksUS stock market today shows a sharp split. The Dow Jones Industrial Average falls over 160 points. Oil prices surge above $100. Iran tensio...
AI will kill design jobs, says Figma investor Gokul Rajaram; industry vigorously disagreesRajaram, who has invested in various tech companies, is best known for building Google’s advertising network AdSense and scaling it to over...
Fintechs clash in cross-border payments; TCS closes FY26 strongHappy Friday! Large companies are fighting early-stage startups in the cross-border payments battleground. This and more in today's ETtech ...
TCS Q4 beats expectations; UP girl makes Y Combinator historyTCS reported strong Q4 results, driven by robust performance in North America and a weak rupee. This and more in today's ETtech Top 5.
IRS 1099-K rule change: Higher $20,000 limit brings relief for gig workers and online sellersThe new 1099-K tax rule brings relief for small sellers and gig workers using apps like PayPal, Venmo, and Cash App. The higher reporting l...
Airbnb India bookings jump 50% in December quarterIndia is a key growth market for Airbnb. Bookings and new users saw substantial increases in the last quarter. This strong performance outp...
Airbnb stock surges on Q2 earnings blowout, $6B buyback reveal — travel rebounds post-Trump tariffs, but are profit margins at risk?Airbnb stock jumped after the company posted strong Q2 earnings, easily beating Wall Street estimates. Despite lingering pressure from Trum...
Airbnb sees Q1 revenue above Street estimates on strong international travelThe San Francisco-based company expects revenue between $2.03 and $2.07 billion, compared with the average LSEG estimate of $2.03 billion.
Airbnb forecasts upbeat revenue as international travel reboundsThe San Francisco-based company forecast quarterly revenue between $3.3 billion and $3.4 billion, ahead of analysts' average estimate of $3...
Airbnb posts $117 million profit, but 2Q outlook disappointsAirbnb reported a $117m profit in Q1 as revenue increased by 20% to $1.82bn. However, while the figures beat analysts’ forecasts, shares in...
ETtech Interview | India to be one of our biggest growth markets this decade: Airbnb CEO Brian CheskyIn an exclusive interview with ET, CEO and cofounder Brian Chesky spoke about India being one of the biggest growth markets of this decade,...
Online hospitality major Airbnb lays off 30% of recruiting staffDuring the company's quarterly earnings call last month, chief financial officer Dave Stephenson said it is going to hire more people.
Airbnb posts much smaller Q1 loss, revenue doubles from 2021Still, Airbnb forecast second-quarter revenue of between $2.03 billion and $2.13 billion - above analysts' predication of $1.96 billion, ac...
Airbnb sees strong first-quarter revenue on travel demand, longer staysStrong demand helped push up prices charged by hosts, with average daily rates during the fourth quarter up 20% at $154. The company expect...
Airbnb valuation reaches $100 billion in trading debut surgeSan Francisco-based Airbnb’s fully diluted valuation is even higher, around $100 billion including employee stock options and restricted st...