Airbnb

Valuation $459B

About Airbnb

Airbnb is an online community marketplace for people to list, discover, and book accommodations through mobile phones or the Internet.
Headquarters Airbnb, San Francisco
Founded 2008-08-11
Industry Hospitality, Marketplace, Mobile Apps, PropTech, Travel, Travel Accommodations
Last Funding Type Debt Financing
Valuation 459
Total Funding $6.42 billion dollars
IPO Status Public

Financial

Airbnb reported a surge in hosts and listings, claiming 7.7 million listings. The company also saw its Q1 profit more than double to $264 million. Despite these positive financial results, Airbnb experienced a decline in stock value due to a weak travel outlook and warnings of a slowdown in room-night bookings growth. Additionally, Airbnb's CEO announced readiness for international expansion.

Airbnb is focusing on enhancing its online marketplace through various technological advancements. They are developing systems for cross-listed property matching using image descriptor features, which improve the accuracy of property listings across platforms. Additionally, they are working on co-hosting management interfaces to streamline property management. Airbnb is also innovating in flexible feature and location-based listings, allowing users to modify search results based on specific criteria. These efforts aim to optimize user experience and improve the efficiency of property listing and management.

Funding Rounds 29
Number of Lead Investors 15
Total Funding Amount  $6.42 billion dollars
Number of Investors 82

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