Airbnb Q3 Profit
Airbnb's Q3 Earnings Demonstrates a Positive Reaction to the COVID-19 Pandemic
Like all other major players in the lodging industry, Airbnb was hemorrhaging cash at a rapid rate at the start of the COVID-19 pandemic. However, it was proactive in how it quickly changed its strategic direction internally and externally, resulting in a net profit of $219m for Q3 2020, says GlobalData.