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