Airbnb wins bid to provide rooms for Rio 2016 Olympics - source


RIO DE JANEIRO (Reuters) - Online home-rental marketplace Airbnb Inc has won a bid to provide rooms for the 2016 Summer Olympic Games in Rio de Janeiro, as the city scrambles to accommodate visiting fans and athletes, a source with direct knowledge of the situation told Reuters.

The company, which has become one of Silicon Valley's most successful start-ups in the five years since it was founded by a trio of graduates, beat off competition from two other accommodation providers Hotel Urbano and Alugue Temporada.

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