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Chronicles

The story behind the story

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Sources: Airbnb reported Q2 revenue of $335M, down from $842M in Q1 and over $1B in Q2 2019, as its adjusted loss rose to $400M, up from $341M in Q1

Bloomberg :

Bloomberg

Discussion

  • @sehaj23 Sehaj Singh on x
    Just terrible to be in this spot. But, would be great if they can still go public in Q3. A vaccine next year & pent up demand in travelling following that would be a great bet to take on this path. https://twitter.com/...
  • @bnnbloomberg BNN Bloomberg on x
    Airbnb revenue tanks 67% in second quarter; IPO planned for 2020 https://www.bnnbloomberg.ca/ ... https://twitter.com/...
  • @carnage4life Dare Obasanjo on x
    AirBnB revenue is down 67% from $1B to $335M. Truly the worst time in their history to IPO given it's unclear when #COVID19 will end and how much travel will bounce back. I expect a vacation spike when this is over but think business travel won't as much. https://www.bloomberg.co…
  • @rileycnbc Riley de Len on x
    Airbnb's revenue fell 67% (‼️) in the second quarter compared with the previous year, but the company is still planning an IPO before the end of the year. https://www.bloomberg.com/...
  • @katie_roof @katie_roof on x
    We got Airbnb's financials for the full first half of the year - giving a glimpse of how Covid has impacted the business https://twitter.com/...