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Airbnb

Airbnb

Airbnb Raises More Than $100 Million in Latest Round Of Funding, Showing Solid Growth to Attract Investors

Airbnb Inc. has raised more than $100 million in a new round of funding that has closed, a person familiar with the matter has told The Wall Street Journal.

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Airbnb Pledges to Work Together with Cities, Be More Transparent, Pay Fair Share of Taxes

Airbnb said in a blog post that the company is planning for greater cooperation with cities with its new Airbnb Community Compact policy. Under the new policy the company is planning to be more transparent and pay its fair share of taxes.

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Airbnb Wins Battle in San Francisco, Plans to Create 100 Home-Sharing Political Clubs in 100 U.S. Cities

Voters in the city of San Francisco have soundly rejected Proposition F, a measure that would have limited short-term housing rentals to 75 nights a year, according to a report from The Wall Street Journal. The result is a victory for Airbnb Inc., who waged a sophisticated political campaign to defeat the initiative. The home-sharing site plans to launch a national campaign and create 100 home-sharing political clubs in 100 U.S. cities in 2016.

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Airbnb Fighting Critical Battle in San Francisco, Spent more than $8 Million to Campaign Against Inititative

Airbnb Inc. is fighting a battle in its own backyard as it campaign against San Francisco’s Proposition F, an initiative that would limit the company’s short-term rentals, according to a report from Reuters. Airbnb has spent more than $8 million and hired a top political operative to campaign against the proposition.

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Airbnb Seeks to Expand in China, Partners with Two Chinese Companies

Airbnb has announced in their blog that they will be expanding in China with the help of two strategic partners, China Broadband Capital and Sequoia Capital China.

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Airbnb close to hiring a new CFO

Bloomberg reports that according to people with knowledge of the matter, Airbnb is close to hiring Blackstone's Laurence Tosi as chief financial officer.

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AirBnB Raises $1.5 Billion Via Private Placements Putting Valuation at $26 Billion

Home rental start-up AirBnB has raised $1.5 billion from private placements from several hedge funds to give it a $25.5 billion valuation.

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72% of Airbnb Rentals Reportedly Illegal

New York State Secretary General reports that 72% of Airbnb rentals violates the law.

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Group Wages War Over Airbnb

Group of housing advocates, New York politicians, labor groups and hotel owners launched a $3 million campaign against ‘Airbnb,’ an online home-renting service.

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