Airbnb accuses the New York's powerful hotel lobby of promoting the legislation, arguing that a majority of users are themselves hard-pushed New Yorkers trying to make ends meet by renting out rooms in their homes. — AFP Relaxnews
SAN FRANCISCO: Airbnb said it took in more than a billion dollars in revenue in the past three months, calling it the best quarter ever for the home-sharing giant as it readies a stock market offering.
“The third quarter of 2018 was the strongest quarter in Airbnb history, and the first quarter in which Airbnb recognised substantially more than US$1bil (RM4.19bil) in revenue,” the company said in a memo shared with AFP.
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