Airbnb forecasts fewer bookings, lower prices in Q2; shares slumpThe company's gross booking value increased 19% to $20.4 billion in the first quarter from a year earlier, in line with a 19% increase in n...
10 May, 2023, 08.52 AM IST
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...
10 May, 2023, 08.45 AM IST
Airbnb shares surge as Wall St cheers strong forecast, cost controlsThough Airbnb flagged pressures on average daily rates through the year due to higher bookings from less pricier urban areas and regions li...
15 Feb, 2023, 09.07 PM IST
Airbnb changes price display on app after customer complaintsCEO Brian Chesky said Airbnb would make four changes starting next month, where guests would be able to see the total price they are requir...
07 Nov, 2022, 05.56 PM IST
ETMarkets Smart Talk: Indians buying Disney, Airbnb; US IPOs still far fetched, says Viram Shah"Vested Finance enables Indian investors to put money in the US markets. Now, through our affiliated entity – VF Securities – we are a FINR...
15 Oct, 2022, 12.07 PM IST
Looking for budget-travel tips? Airbnb rentals may ease your walletThese days, staying at an Airbnb rarely involves big savings or friendships with the hosts.
09 Sep, 2022, 09.10 PM IST
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...
04 May, 2022, 08.14 AM IST
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...
16 Feb, 2022, 07.19 AM IST
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...
11 Dec, 2020, 07.20 AM IST
Airbnb reaches $47 billion value in above-range IPOAirbnb and its investors sold about 52 million shares Wednesday for $68 each after marketing them for $56 to $60 each.
11 Dec, 2020, 06.21 AM IST
Airbnb set for huge day-one pop, value could top $100 billionThe stock will start trading Thursday, with early pricing indications climbing as high as $150 per share, way above the $68 IPO price.
10 Dec, 2020, 09.57 PM IST
Airbnb’s $3.1 billion IPO hinges on hosts who make rentals feel like homeAirbnb said the site will lose some of what makes it unique and sets it apart from hotel chains. As of the end of last year, Airbnb said on...
09 Dec, 2020, 08.42 PM IST
Airbnb streamlines fees as it tilts toward biggest hostsAirbnb will require hosts who use third-party software to manage bookings to eliminate the "service fee" paid by guests that is traditional...
07 Dec, 2020, 11.59 AM IST
Airbnb to boost IPO price range, aims for $42 billion valueThe San Francisco-based company now plans to offer its shares for $56 to $60 apiece, up from a previous price range of $44 to $50 each, sai...
07 Dec, 2020, 09.08 AM IST
Airbnb aims for about $35 billion value in long-awaited IPOThe home-rental platform and some shareholders are offering 51.9 million shares at $44 to $50 apiece, San Francisco-based Airbnb said in a ...
01 Dec, 2020, 09.32 PM IST
Airbnb discussed convertible note with investorsThough Airbnb has cash on hand, additional funds could allow it to snap up businesses that struggle to survive the crisis, one of the peopl...
02 Apr, 2020, 09.25 AM IST
Airbnb leans toward direct listing over traditional IPOWith a private valuation of $31 billion, Airbnb is likely to be a topic of discussion. It’s slated to be one of the most high-profile compa...
03 Oct, 2019, 09.40 AM IST