Airbnb IPO filing reveals how pandemic has devastated rentals
The company says any projections for growth — including an eventual path to profitability — depend on a vaccine and the spread of Covid-19 being curbed
17 November 2020 - 16:38
San Francisco — Airbnb’s long-awaited filing for an initial public offering makes the devastation wrought by Covid-19 abundantly clear, and shows how its business now hangs on domestic travel.
Since the coronavirus pandemic swept across the world in March, closing borders and grounding flights, the travel sector has suffered. ..
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