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Airbnb Shares Jump 14% on Strong Q4 Earnings and Growth Plans

2025-02-18 106 Dailymotion

Airbnb shares surged over 14% on Friday after reporting stronger-than-expected fourth-quarter earnings. The company stated it has strengthened over the years and plans to refine its core service, expand globally, and introduce new offerings as part of its multi-year strategy in 2025. Airbnb plans to invest up to $250 million in new business opportunities set to be announced in May. CEO Brian Chesky aims to make the Airbnb app a one-stop platform for travel and living needs, with new businesses expected to take three to five years to scale and strengthen its core operations.