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.
The fresh resources will enable the San Francisco-based company to invest in its community of "hosts" as well as local experiences provided along with stays in homes, according to Airbnb co-founder and chief Brian Chesky.
I am sure they will take some of that and donate it to leftist agenda groups, like Doctors Against Guns in Canada, which they did recently. Rather than sticking to their core business, vacations.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Airbnb gets US$1bn investment for post-virus recoveryAirbnb on Monday announced it was taking a billion U.S. dollars in new investment to endure and, it hopes, thrive in a travel world transformed by the coronavirus pandemic. Hotels clean and sanitize; do Airbnbs? Airbnb is a parasite
Source: CTVNews - 🏆 1. / 99 Read more »
Airbnb gets US$1bn investment for post-virus recoveryAirbnb on Monday announced it was taking a billion U.S. dollars in new investment to endure and, it hopes, thrive in a travel world transformed by the coronavirus pandemic. Hotels clean and sanitize; do Airbnbs? Airbnb is a parasite
Source: CTVNews - 🏆 1. / 99 Read more »
U.S. stocks open 3 per cent higher on hopes virus peak could be closerStocks climbed in early trading on Wall Street Tuesday as markets around the world piled on even more big gains following their huge rally a day earlier. 😆 hopefully we'll check in with you again in about 3 hours and see how your precious stocks are doing.
Source: CTVNews - 🏆 1. / 99 Read more »