Airbnb, Inc. is an online marketplace for arranging or offering lodging, primarily homestays, or tourism experiences. The company does not own any of the real estate listings, nor does it host events; it acts as a broker, receiving commissions from each booking. The company is based in San Francisco, California, United States.
The company was conceived after its founders put an air mattress in their living room, effectively turning their apartment into a bed and breakfast, in order to offset the high cost of rent in San Francisco; Airbnb is a shortened version of its original name, AirBedandBreakfast.com.
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Airbnb, Inc. Details
Operating Status:Active
Business TypePrivate
HeadquartersSan Francisco, California, United States
Founded Date Aug 1st, 2008
Organization CEO Brian Chesky
FoundersBrian Chesky, Joe Gebbia, Nathan Blecharczyk
Airbnb hosts are complaining that those payments that they can get in the framework of the company’s coronavirus relief program are just a drop in the ocean.
According to Airbnb, the funds it raised will be spent on its three major products: hosts, long-term stays and Airbnb experiences. It should help the company overcome the coronavirus crisis.
Uber (UBER) stock price is at $23.54 which is a 10.29% decline since trading started. Lyft (LYFT) stock price is at $25.29. This is an 12.82% decline since trading hours began as well.
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