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Airbnb reports defiant outlook in “inflection year” despite Q4 losses
Reading Time: 3 minutesUS: Airbnb has projected a defiant outlook for the year ahead which it views as an “inflection point” for the business, despite posting an unexpectedly high loss for the fourth quarter of 2023 in its latest earnings report.
Airbnb sees rise in bookings but warns of Delta variant impact
Reading Time: 2 minutesUS: In its latest earnings report, Airbnb has reported a 320 per cent increase in bookings this summer, but has warned that reservations over the autumn and winter could be heavily disrupted by the escalating outbreak of the Delta variant of the coronavirus in the United States. While the global booking platform posted a surge […]
Airbnb posts $3.9bn loss in post-IPO earnings report
Reading Time: 2 minutesUS: Airbnb has posted a net loss of $3.9 billion in the fourth quarter of 2020 in its first earnings report since going public via its blockbuster IPO in December. The company incurred charges related to its IPO, including $2.8 billion of stock-based compensation expense, which led to the multi-billion loss in Q4 and a […]