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Airbnb, Inc. (ABNB): One of the Top Stocks in the Jeff Bezos Portfolio
Insider Monkey115d agoneutral
Airbnb, Inc. (ABNB): One of the Top Stocks in the Jeff Bezos Portfolio

We just covered the Jeff Bezos Stock Portfolio: Top 10 Stock Picks and Airbnb, Inc. (NASDAQ:ABNB) ranks 2nd on this list. In the summer of 2011, Bezos Expeditions participated heavily in the transformative $112 million Series B funding round for Airbnb, Inc. (NASDAQ:ABNB), which valued the nascent home-sharing platform at just over $1 billion. Led […]

Airbnb Backs WeRoad To Tap Growth In Curated Group Travel
Simply Wall St.119d agoneutral
Airbnb Backs WeRoad To Tap Growth In Curated Group Travel

Airbnb, listed as NasdaqGS:ABNB, is leading a US$58m Series C funding round in group travel startup WeRoad. The deal includes an expansion partnership as WeRoad plans to enter the U.S. market with Airbnb's support. This marks an investment move for Airbnb outside its core short term rental and travel booking platform. For you as an investor, this development highlights how NasdaqGS:ABNB is engaging with a different part of the travel ecosystem: group adventures and escorted trips. The core...

Airbnb Expands Travel Platform with Airport Pickups, Grocery Delivery, and Car Rentals
Insider Monkey119d agoneutral
Airbnb Expands Travel Platform with Airport Pickups, Grocery Delivery, and Car Rentals

Airbnb, Inc. (NASDAQ:ABNB) is included among the 10 Best Reddit Stocks to Buy According to Billionaires. On May 20, Airbnb, Inc. (NASDAQ:ABNB) announced a range of new services for travelers looking to use a single platform to plan their trips. The company added features such as airport pickups, grocery delivery, and luggage storage. Guests who […]

Airbnb-backed WeRoad raises $58M to take its group travel platform to the US
TechCrunch121d agoneutral
Airbnb-backed WeRoad raises $58M to take its group travel platform to the US

WeRoad, the Milan-based group travel startup, has raised a $58 million Series C round led by Airbnb as it prepares for its first major expansion outside Europe. The funding brings the company’s total capital raised to roughly $100 million and will finance WeRoad’s push into the U.S., beginning with Austin. The new investment reflects a […]

Airbnb CEO delivers eye-opening message on future of travel
TheStreet124d agoneutral
Airbnb CEO delivers eye-opening message on future of travel

Most people think of Airbnb the same way they thought of Amazon in 1999 — a useful but narrowly defined platform. Amazon sold books. Airbnb rents homes. Both descriptions were accurate. Both turned out to be wildly incomplete. Brian Chesky wants you to rethink what Airbnb is becoming. The CEO sat ...

Expedia Group Marks 30 Years With AI Push, Uber and CLEAR Partnerships
MarketBeat125d agobullish
Expedia Group Marks 30 Years With AI Push, Uber and CLEAR Partnerships

Expedia Group (NASDAQ:EXPE) used a company event marking 30 years of Expedia to outline new partnerships, artificial intelligence initiatives and partner tools aimed at increasing traveler demand and simplifying travel operations. CEO Ariane Gorin said the company’s purpose remains “to help travele

Should Airbnb’s One-Stop Travel Pivot Reshape How ABNB Investors View Its Core Platform Strategy?
Simply Wall St.126d agoneutral
Should Airbnb’s One-Stop Travel Pivot Reshape How ABNB Investors View Its Core Platform Strategy?

Earlier this week, Airbnb announced it had expanded its platform beyond home rentals to include independent hotels, car rentals, airport pickups, grocery delivery, and luggage storage through new partnerships in dozens of cities worldwide. The move signals Airbnb’s push to become a one-stop travel hub, aiming to capture more traveler spending that currently goes to traditional online travel agencies and local service providers. Next, we’ll examine how Airbnb’s push into car rentals and other...

Airbnb (ABNB): 3 Reasons We Love This Stock
StockStory126d agoneutral
Airbnb (ABNB): 3 Reasons We Love This Stock

Airbnb has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 16.8% to $130.48 per share while the index has gained 13.2%.

Airbnb expands into hotels, cars, groceries
AFP127d agoneutral
Airbnb expands into hotels, cars, groceries

Airbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and grocery delivery to its app in a bid to transform itself into a one-stop travel shop.The updated app adds grocery delivery through Instacart in more than 25 US cities, as well as airport and train station transfers and luggage storage services in more than 160 cities worldwide.

Booking CEO Sees AI, Connected Trips Driving Long-Term Travel Growth
MarketBeat127d agoneutral
Booking CEO Sees AI, Connected Trips Driving Long-Term Travel Growth

Booking (NASDAQ:BKNG) Holdings CEO and President Glenn Fogel said the online travel company remains focused on long-term product investment and market-share gains, even as the travel industry faces near-term uncertainty from geopolitical conflict and macroeconomic concerns. Speaking at an investor

Airbnb expands into hotels, cars, groceries
AFP127d agoneutral
Airbnb expands into hotels, cars, groceries

Airbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and grocery delivery to its app in a bid to transform itself into a one-stop travel shop.The updated app adds grocery delivery through Instacart in more than 25 US cities, as well as airport and train station transfers and luggage storage services in more than 160 cities worldwide.