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

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Airbnb invests $367M in 1Q2019, takes $306M operating loss ahead of possible 2020 IPO
By

David
21 October 2019

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Airbnb

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 H. Boggs

President/CEO
ACRO Global
Publisher
TourismMarketer

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