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Airbnb Rival Domio Raises $100M To Fuel Expansion
Domio, which rents apartments as if they were hotel rooms, bags $100M in new funding.
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Domio, which rents apartments as if they were hotel rooms, bags $100M in new funding.
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Airbnb was valued at $31B in 2017.
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Former BYU students have founded the Airbnb of self-storage, which they call Neighbor.
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Airbnb says it will use union labor for projects it is currently working on.
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Airbnb has purged more than half its Boston listings to comply with city regulations.
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The $1B injection of debt and equity will go toward a focus on longer-term stays, hosts and Airbnb's line of activities it calls Experiences.
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With its dawn as a public company expected this year, the S.F.-based company has greatly expanded its Silicon Valley offices.
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Airbnb has raised its second billion in as many weeks to combat the coronavirus-induced demand shock.
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Airbnb will no have to provide data on listing for private or shared rooms.
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Both parties reportedly agreed it wasn't a good idea to proceed with the plan considering the current circumstances.
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