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Sonder takes Airbnb-aesthetic to hotels

IN the past year, hotel chains and home-sharing sites have started encroaching on each other’s turf. Airbnb Inc advertises hotel rooms on its platform and Marriott International Inc recently launched a home-stay offering.

No banking charter? No problem

CUSTOMERS of Square Inc, the Silicon Valley payments behemoth, might assume that the cash they send to friends on the platform is housed in a glassy building in Silicon Valley, tended to by hoodie-clad tech workers. Actually, that money is more likely to be sitting in a 117-year-old community bank in Iowa.

France bets on private sector to fuel startup push

FRANCE aims to raise €5bil (RM23bil) in funds from private-sector investors to give French startup companies a leg up and help the most promising ones grow further, President Emmanuel Macron said last week.

Timing is key for IPOs

British billionaire Sir Richard Branson's space tourism venture is set to go public by year-end and dozens more, including unicorns and tech stocks, are planning to raise funds in the capital markets this year.

More Malaysians using Airbnb to settle mortgages

PETALING JAYA: More Malaysians are relying on Airbnb to settle their mortgages given the property overhang that is engulfing the sector.

Airbnb wants clearer guideline on tourism tax

KUALA LUMPUR: Online hospitality service brokerage company, Airbnb Inc urged the government to provide a clearer guideline on tourism tax for its type of business.