The company is investing $200 million to $250 million toward launching new offerings on the Airbnb app.
Airbnb CEO Brian Chesky said people use the app once or twice a year. He wants to raise that to once or twice a week.
Shares in Airbnb, which posted higher-than-estimated earnings Thursday, are surging in premarket trading Friday, as the ...
Airbnb shares surged 14% and headed for their best day ever after the company reported stronger-than-expected fourth-quarter ...
Airbnb (ABNB) jumped more than 14% on Friday to about $161 per share after profit and revenue for the final three months of ...
Airbnb plans to invest up to $250m into the business with the “bulk” to be invested in marketing and product development.
Shares of technology companies ticked up after strong earnings from one major "sharing economy" firm. Airbnb shares surged after the short-term stay company said quarterly sales growth accelerated.
The company said it expects first-quarter revenue of $2.23 billion to $2.27 billion. Wall Street analysts polled by FactSet expect sales of $2.29 billion. Airbnb (ABNB) said it expects "relatively ...
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