Airbnb went public, worth $ 47 billion

The US-based international home rental platform Airbnb earned $ 3.5 billion in revenue from the completed public offering, while its valuation increased to $ 47 billion. The US-based international home rental platform Airbnb earned $ 3.5 billion in revenue from the completed public offering, while its valuation increased to $ 47 billion.

While the company earned $ 3.5 billion in revenue from the public offering, its valuation increased to $ 47 billion. With the public offering of Airbnb, the size of public offerings in the USA in 2020 increased to 163 billion dollars.

Although international travel fell during the pandemic period, short-distance travel made Airbnb more durable than hotel chains.

Airbnb revenues fell 18 percent in the third quarter, while Expedia and Marriott fell close to 60 percent.