Travel

Airbnb’s Valuation Almost Halved to $18 Billion

Airbnb

Joe Gebbia, Airbnb co-Founder, gives a speech after signing​ a nine-year, five-Games partnership with the International Olympic Committee, at Japan House, London. The games were subsequently postponed. Airbnb

Skift Take: Love it or hate it, you can hardly blame Airbnb for a deflated valuation, although not all of the plunge is coronavirus-related. The pain that is infecting travel and other companies at this moment is boundless.

— Dennis Schaal

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