Annual Transacting Users in the twelve months ended September 30, 2019 grew by 14.0% to 435.8 million from 382.3 million in the twelve months ended September 30, 2018.
CEO Brian Chesky likes the idea of getting into entertainment as an extension of Airbnb’s marketing strategy.
Hometime manages properties rented through platforms such as Airbnb, the startup now supports hosts in eight Aussie cities, and in Auckland.
Airbnb has hired 500 staff in Beijing to build a customized version of the platform.
It’s important to make certain concessions to reach Chinese consumers, and cultural and linguistic differences need to be overcome.
When users follow a Local Guide, they’ll see that person’s recommendations.
Cover Genius plans to use the investment to support its ongoing growth in the United States and the United Kingdom, as well as into Asia.
Gross profit was US$53.2 million in Q3, representing a year-over-year decrease of 2.8% from the corresponding period in 2018.
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