Airbnb and DoorDash log losses as they ride out pandemic

In their first financial results as publicly traded companies, Airbnb and DoorDash logged losses as pandemic circumstances battered their business models. — AP

Airbnb and DoorDash on Thursday reported their first financial results as publicly traded companies, each of the tech industry darlings logging losses as they ride out the pandemic.

Home-sharing platform Airbnb lost less money than expected by financial analysts, and was optimistic the travel industry was showing signs of recovery after being crushed by the spread of Covid-19.