Ahead of a planned IPO, Airbnb released its financials for the first time publicly. Its revenue jumped 32% to $4.8B in 2019, but it reported a net loss of $674M that year. The company also lost money in 2018 and 2017. This year Airbnb’s revenue fell 32% to $2.5B in the first nine months. Bloomberg expects the company to raise $3B in its public market debut.
Exit scam!
And its the responsibility of whom to get whom to go and fix it ????
May they go bust and be removed from hyper-inflated property markets, and may all the professional scammers using the platform have a taste of karma.