Airbnb Inc. Stock

Description Airbnb Inc.

Airbnb Inc. is a US-based multinational online marketplace that specializes in providing lodging, primarily homestays, or tourism experiences. It was founded in 2008 and has its headquarters in San Francisco, California. With more than 4 million hosts in over 220 countries and regions, Airbnb is one of the largest online hospitality platforms in the world.

The company's business model revolves around allowing people to rent out their homes or apartments to travelers, providing them with unique and affordable travel experiences. Airbnb charges a commission fee of 3% to hosts and up to 14.2% to guests for each booking, with the remainder going to the host.

Since its inception, Airbnb has been disrupting the traditional hotel industry and has been experiencing rapid growth. It filed for an initial public offering (IPO) in December 2020 and went public on December 10, 2020. Airbnb is listed on the NASDAQ exchange under the ticker symbol "ABNB".