Home-sharing platform Airbnb hopes the US$1 billion investment will help it endure past the pandemic. – AFP pic, April 7, 2020.
AIRBNB announced it was taking US$1 billion in new investment to endure and, it hopes, thrive in a travel world transformed by the coronavirus pandemic. Silver Lake and Sixth Street Partners will invest the money into the home-sharing platform in the form of debt and equity, according to Airbnb. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!