Economy Nov 16

A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California, U.S., August 2, 2016. Photo by Gabrielle Lurie/REUTERS
Airbnb details years of losses ahead of planned IPO

The documents show that leading up to the coronavirus outbreak earlier this year, AirBnb was spending heavily on technology and marketing to grow its business. Its revenue jumped 32 percent to $4.8 billion in 2019, but it reported a net…