Platform News: Airbnb

Airbnb revenue surges as countries open up for vaccinated travelers

Airbnb Inc’s quarterly revenue topped Wall Street expectations and the short-term home rental company said, a rebound in global travel amid rising vaccination rates in the la...

Platform News: Japan's SoftBank

French startup Swile gets unicorn status with Softbank-led fundraising

Swile has raised additional an $200 million in a capital increase backed by Japan’s Softbank, aiming at expanding its business internationally and beyond corporate benefits s...

Platform News: Airbnb

Airbnb bookings jump 52% as vaccinations spur vacation rental demand

Airbnb Inc beat Wall Street expectations for first-quarter gross bookings and revenues, as speedy COVID-19 vaccinations and easing restrictions encouraged more people to check into...


Expedia to boost liquidity with $3.2 billion capital raise, names new Chief Executive

Expedia Group has stated it was raising $3.2 billion in fresh capital to boost its liquidity, in an effort to ride out a coronavirus-driven collapse in travel demand. 


Airbnb to restrict bookings on its platform in the UK

Home rental firm Airbnb will block UK bookings on its platform for the vast majority of customers on Thursday, allowing only key workers to stay in properties for as long as the em...


Airbnb says the US coronavirus stimulus bill could offer its hosts relief

Airbnb Inc hosts in the United States could get some relief from a $2 trillion coronavirus stimulus bill that is nearing a vote in Congress, the home-rental startup has said. 


Airbnb wins fight to remain exempt from European property rules

LUXEMBOURG – US home-sharing site Airbnb on Thursday won its battle to remain exempt from onerous European property regulations, as the EU’s top court ruled it was an o...


EU court to rule to rule on how to classify Airbnb

BRUSSELS – Is it an online booking service? Or a real estate agent? The popular US home-sharing site Airbnb will on the 19th December know how it should be labelled when Euro...