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Airbnb lowers internal valuation to US$26b as coronavirus hits bookings: source

Airbnb lowers internal valuation to US$26b as coronavirus hits bookings: source

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2 -min read
Listen to this article

[SAN FRANCISCO] Airbnb lowered its internal valuation by 16 per cent to US$26 billion, as the US home rental firm grapples with a slowdown in bookings due to the global spread of the coronavirus pandemic, a source familiar with the matter told Reuters on Thursday.

Airbnb was valued at US$...

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