About Airbnb, Inc. (ABNB)

Company Description:

Airbnb, Inc. revolutionized the hospitality sector by offering a platform for lodging and tourism experiences, primarily home stays. The company has significantly expanded its services to include experiences and adventures, providing users with unique travel opportunities.

Founded by Brian Chesky, Joe Gebbia, and Nathan Blecharczyk in August 2008, Airbnb is headquartered in San Francisco, California. It has grown to become a leading player in the online marketplace for hospitality services, offering access to millions of listings worldwide.

Main Product(s):

Airbnb's main product is its platform that connects hosts who want to rent out their homes with travelers seeking accommodations. The company also offers experiences like tours and adventures, making it a comprehensive travel services provider.

Short History of Airbnb, Inc:

• August 2008 – Founded by Brian Chesky, Joe Gebbia, and Nathan Blecharczyk.
• November 2010 – Airbnb launched its international expansion, starting in Europe.
• 2011 – Raised significant funding, valuing the company at $1 billion.
• 2016 – Expanded into “Trips”, offering experiences and adventures.
• 2020 – Faced challenges due to the COVID-19 pandemic but adapted by focusing on local and long-term stays.
• December 2020 – Airbnb went public with one of the largest IPOs of the year.