
The company will maintain an office in Beijing with hundreds of employees to serve Chinese outbound travel.
Online community marketplace for people to list, discover, and book accommodations around the world.
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.
Lodging, Hospitality
The company will maintain an office in Beijing with hundreds of employees to serve Chinese outbound travel.
Airbnb stock has largely remained indifferent to the ongoing war but in terms of investor sentiment, the shares have taken a beating in relation to other tech stocks on Wall Street.
Airbnb has halted its online rental marketplace services in Russia and Belarus in solidarity with war-torn Ukraine.