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AIRBNB QUARTERLY RESULTS
FIFA 2026 World Cup to boost beer sales by over 1,000,000,000 pints: Event to boost global GDP by more than $41 billionThe 2026 FIFA World Cup is set to significantly boost global beer consumption, with over a billion pints expected. Analysts predict a 0.3% ...
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.
Airbnb forecasts Q3 revenue above estimates; plans $6 billion share buybackAirbnb anticipates third-quarter revenue exceeding Wall Street projections and has authorized a new $6 billion share repurchase program, bo...
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...
US stocks tick higher on Fed rate cut hopes; earnings in focusThe S&P 500 and Nasdaq saw gains, fueled by positive corporate earnings and anticipation of Federal Reserve rate cuts. McDonald's and Arist...
HCL-Foxconn plant cleared; Airbnb’s India playThe Union Cabinet has cleared the sixth chipmaking facility under the India Semiconductor Mission. This and more in today’s ETtech Top 5.
Welcome to Hochatown, the town created by AirbnbBefore the pandemic, Hochatown had roughly 400 cabins for rent on Airbnb. There are now more than 2,400 -- a staggering 413% increase in fi...
Adobe tops quarterly results and forecast estimates driven by AIAdobe's spree to boost AI innovation has been evident by AI features being introduced into Acrobat, Express, Photoshop and Premiere Pro.
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...
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...
Exclusive: Airbnb saw 50% more bookings by Indians in Q3 2022, says cofounder Nathan Blecharczyk“India has been one of our most important and fastest-growing major geographies,” co-founder and chief strategy officer Nathan Blecharczyk ...
Airbnb reports sunny summer as travel rebound persistsIn the third quarter, the home rental platform saw its net profit climb 46 percent year-over-year to $1.2 billion -- a result that would ha...
India bookings double over 2019: Airbnb executiveAs a result, the company is launching a new safety product in Hindi for solo travellers for the country, she said. "One third of the hosts ...
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...
How Airbnb's CEO succumbed to an IPO he resistedAirbnb officially reached technology unicorn status in 2011, when it crossed the $1 billion valuation threshold. As Airbnb raised more mone...
Clobbered by COVID-19, Airbnb’s quest to stay alive is a case study in resilienceCovid-19 cases are surging around the world, resulting in more lockdown orders as countries attempt to mitigate the spread. Airbnb admits i...
Airbnb board meets to consider raising funds or buying assetsThe home-rental startup has been approached by a dozen potential investors, according to the people, all of whom asked not to be identified...
Airbnb’s path to 2020 stock listing imperiled by CoronavirusSome investors, including a handful of Airbnb backers and would-be buyers of the shares on the public markets, are concerned that the virus...
Our hotels doing exceedingly well; debts down drastically too: CK Balijee, Royal Orchid Hotel"Our hotels are doing very well. We have good cost control. We had also made big leaps in HR, which happens to be hotel industry's biggest ...