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Airbnb CEO Says IPO Possible In 2020
Thursday, July 23, 2020 - 2:33pm | 377Read More...Billionaire Airbnb co-founder and CEO Brian Chesky said “travel has changed forever” in an interview with Yahoo Finance's Andy Serwer. Airbnb's Pandemic Trends: Chesky discussed the changes that have occurred in travel as a result of the pandemic. Compared to the...
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Fintech Focus For July 17, 2020
Friday, July 17, 2020 - 10:21am | 1949Read More...Daily Perspective: If we go through this period where we are reopening and reclosing and opening and reclosing, this, in my mind, will have a very negative effect on consumer confidence. - Harker Fintech Movers: Apps like Robinhood are impacting markets in a huge way. - Mohamed El-Erian Intern...
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Global Travel May Never Fully Recover, Says Airbnb CEO Brian Chesky
Monday, June 29, 2020 - 9:10am | 536Read More...The CEO of Airbnb Brian Chesky painted a grim picture of global travel in an interview with Axios, a news portal, on Sunday. Travel Will Never Go Back To Normal Airing his views on travel as it was before the pandemic, Chesky said, “I will go on the record to say that travel will...
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10 Successful Businesses That Were Started During Economic Downturns
Monday, May 4, 2020 - 3:02pm | 1199Read More...The coronavirus (COVID-19) pandemic has dealt a severe blow to the U.S. economy. Markets are in record declines. More than 30 million Americans have filed for unemployment and several businesses have already gone under. It's no doubt: we may be headed for a recession. And for many...
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Airbnb Raises Another $1B In Second Funding In A Week As Pandemic Hurts Business
Wednesday, April 15, 2020 - 5:53am | 459Read More...Airbnb Inc. has raised $1 billion in a second funding round in just over a week, the home-rental company announced Tuesday. What Happened The San Francisco-based company had previously announced a $1 billion funding from Silver Lake and Sixth Street Partners. Airbnb said the latest funding is...
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Airbnb Will Have To Pay Over 10% On $1B Investment From Silver Lake, Sixth Street
Wednesday, April 8, 2020 - 6:59am | 294Read More...Airbnb is paying an interest rate of 10% on its latest $1 billion funding from Silver Lake and Sixth Street Partners, the Wall Street Journal reported Tuesday. What Happened The home-rental startup will have to bear the costs of the "Libor" or "the London Interbank Offered Rate...
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Airbnb Gets $1B Investment From Silver Lake, Sixth Street Partners
Tuesday, April 7, 2020 - 12:05am | 426Read More...Home rental startup Airbnb announced Monday that it had raised $1 billion from private equity companies Silver Lake and Sixth Street Partners. What Happened The investment involves a combination of credit facility and equity, but the company didn't disclose further financial details...
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Quick Pitch: How AlphaWallet Plans To Leverage Tokens To Revolutionize Stakeholdership, Web 3.0
Wednesday, April 1, 2020 - 7:18am | 604Read More...AlphaWallet, a blockchain technology company, is building a new economic infrastructure in which businesses and consumers can interact, CEO Victor Zhang told Benzinga. About AlphaWallet Founded in 2017, AlphaWallet is a peer-to-peer distributed ledger technology. At a high level, the firm...
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Airbnb Asks Banks To Extend $1B Credit Facility Due To Coronavirus Impact: Report
Thursday, March 26, 2020 - 4:13am | 492Read More...Airbnb Inc. has asked banks to extend the deadline of a $1 billion credit facility it was granted in 2016, according to a Reuters report Wednesday. What Happened The homestay-marketplace startup has $3 billion in cash but is seeing increased financial strain due to the novel coronavirus (COVID...
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Airbnb Giving Away $1M To 10 People To Build Their Dream Homes
Wednesday, March 11, 2020 - 6:30am | 247Read More...Airbnb has created “The Unique Airbnb Fund” and will give $100,000 to each of 10 contestants as a reward for creating a unique home. What Happened Airbnb is giving away $100,000 to 10 contestants for their “unconventional” Airbnb pitches so that they can build their dream...
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The Travel Industry Braces For Coronavirus Staycation
Tuesday, March 3, 2020 - 11:07am | 1027Read More...As COVID-19 cases continue to soar outside of China, its impact is expanding over markets worldwide, causing stocks to plunge. But considering that this is the time when people are usually looking to book their summer holidays, things could get even worse for the already troubled travel industry....
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Airbnb Stops Check-Ins In Beijing Due To Coronavirus Outbreak
Monday, February 10, 2020 - 7:13am | 368Read More...Airbnb Inc. has decided to halt check-ins at all of its Beijing listings until March due to local regulations in China that aim to stop the spread of the novel coronavirus. What Happened Airbnb has released a statement which said that it would offer refunds to all those customers who have...
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Airbnb COO To Step Down In 2020
Monday, November 25, 2019 - 12:49am | 272Read More...Airbnb COO is stepping down as Chief Operation Officer, CNBC reported. What Happened Belinda Johnson, Airbnb Chief Operation Officer, will leave her position in March 2020, according to her note in Airbnb Newsroom. She is citing work-life balance as the main reason for her decision....
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Airbnb Secures Big Deal With Olympic Committee
Monday, November 18, 2019 - 4:41pm | 222Read More...Airbnb and the International Olympic Committee announced on Monday a partnership deal. The nine-year, five-Games partnership is designed to create a new standard for hosting. The 2020 Olympics will be held in Tokyo, Japan and the 2024 Olympics will be held in Paris, France. Financial Times...
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'Party Houses' Banned On Airbnb After Halloween Shooting
Monday, November 4, 2019 - 12:46am | 404Read More...Airbnb will no longer allow "party houses" to list on its platform, the company’s CEO Brian Chesky announced on Saturday. What Happened Chesky’s announcement comes in the wake of the Halloween night shooting in Orinda, California, on Thursday that left five people...
