In 2018, Airbnb’s (AIRB) enterprise excluding the U.S. and China reported a internet revenue of $46.47M versus the $97.22M loss the prior 12 months.
Income (payment collected by Airbnb, not from hosts) was up 35% Y/Y to $2.42B for a similar areas.
The info got here out due to a change within the Irish Corporations Act. Airbnb’s wholly-owned subsidiary is included in Eire.
Associated: Final month, The Info reported AIRB’s working loss had greater than doubled in Q1 to $306M resulting from elevated advertising and marketing investments.
Airbnb plans to go public subsequent 12 months.
