Airbnb posts $3.9bn loss in post-IPO earnings report
US: Airbnb has posted a net loss of $3.9 billion in the fourth quarter of 2020 in its first earnings report since going public via its blockbuster IPO in December. The company incurred charges related to its IPO, including $2.8 billion of stock-based compensation expense, which led to the multi-billion loss in Q4 and a […]
Airbnb path to IPO in doubt following $322m net losses
US: Airbnb’s plans to go public with an initial public offering [IPO] this year have hit a sticky patch after the company posted net losses of $322 million in the nine-month period leading up to September 2019 after making a $200 million profit a year earlier. The losses were reported by the Wall Street Journal […]