AIRBNB. This illustration picture taken on November 22, 2019, shows the logo of the online lodging service Airbnb displayed on a smartphone in Paris. Photo by Lionel Bonaventure/AFP
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. "Airbnb's diverse, global, and resilient business model is particularly well suited to prosper as the world inevitably recovers and we all get back out to experience it."
Airbnb said it will focus particularly on long-term stays, from students needing housing to remote workers, building on a rising demand the platform has seen as people self-isolate during the pandemic.
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