Tuesday 11 February 2020

Airbnb, once profitable, lost $322M in 9 months

Airbnb lost hundreds of millions of dollars last year as the home-sharing business attempted to address widespread safety and security issues on its platform. The news comes as investors and executives gearing up for a planned public offering this year. The company lost $322 million in the first nine months of 2019, a drastic swing from the $200 million profit it generated during the same time period in 2018, according to the Wall Street Journal,



source https://therealdeal.com/2020/02/11/airbnb-once-profitable-lost-322m-in-9-months/

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