Airbnb profit jumped 70% in 2Q
newscatcher
2023-08-04 01:30
Airbnb profit jumped 70% in 2Q
The login page for Airbnb's iPhone app is displayed on a computer displaying Airbnb's website, May 8, 2021, in Washington.  (AP Photo/Patrick Semansky, File) Airbnb said Thursday its second-quarter profit surged more than 70 percent over last summer to $650 million, as revenue rose on strong bookings for summer-vacation rentals. The San Francisco company said bookings grew 11 percent over the same period last year. Still, they were a bit lighter than analysts expected. The shares fell about 1 percent after three hours of late trading.

https://business.inquirer.net/413965/airbnb-profit-jumped-70-in-2q

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