COVID-19: Airbnb lands US$1B | Spanish recovery scenario

Airbnb gets US$1B investment Airbnb will take a billion dollars in new investment to endure in a travel world drastically altered by the coronavirus pandemic. Private-equity firms Silver Lake and Sixth Street Partners will invest US$1 billion into the home-sharing platform in the form of debt and equity, according to a statement from Airbnb. The new resources will enable the San Francisco-based company to invest in its community of "hosts" as well as local experiences and home stays, according to Airbnb co-founder and CEO Brian Chesky. More from Money Control Spain’s recovery While the COVID-19 pandemic takes a particularly heavy…
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