Home-rental service Airbnb has said its gross booking revenue (GBV) has nosedived by 39 per cent to reach 18 billion. The company which filed for an initial public offering (IPO) on Monday, revealed that its business will continue to be affected as Covid-9 continues to spread. Airbnb also said it generated sales worth $2.5 billion (down 32 per cent year-on-year) in the nine months that ended on September 30.from IndiaTV Business: Google News Feed https://ift.tt/3lFR9SJ
Home-rental service Airbnb has said its gross booking revenue (GBV) has nosedived by 39 per cent to reach 18 billion. The company which filed for an initial public offering (IPO) on Monday, revealed that its business will continue to be affected as Covid-9 continues to spread. Airbnb also said it generated sales worth $2.5 billion (down 32 per cent year-on-year) in the nine months that ended on September 30.