Airbnb

It’s been a whirlwind year for Airbnb. At the start of 2020, the home-sharing vacation rental company was sitting on billions in cash and was planning a direct listing on the stock market. The pandemic wiped out 90% of bookings, and many were pondering if the company would survive. But bounce back it did, thanks in part to consumers taking “staycations” over the summer. Airbnb filed for its long-awaited public offering on Monday, revealing its past performance, revenue data and trajectory. Some [...]