ACRO Global Tourism Marketer
Airbnb invests $367M in 1Q2019, takes $306M operating loss ahead of possible 2020 IPO
21 October 2019

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As Airbnb ramps up marketing by 5.8% to $367M ahead of its possible 2020 IPO, 1Q2019 operating loss doubled year-on-year to $306M.

Airbnb said in a statement:

"2019 is a big investment year in support of our hosts and guests."

Analysts speculate losses of this magnitude may make potential investors skeptical, adversely impacting any IPO valuation.

David Boggs President/CEO ACRO Global | Publisher - Tourism Marketer
David Boggs

President/CEO ACRO Global
Publisher - TourismMarketer
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