Learn how your company can create applications to automate tasks and generate further efficiencies through low-code/no-code tools on November 9 at the virtual Low-Code/No-Code Summit. Register here.
Airbnb has reportedly raised at least $100 million in a new funding round, the Wall Street Journal reported. The investment leaves the unicorn’s valuation unchanged, according to the Journal, at $25.5 billion.
The report detailed that Airbnb has forecasted “revenue of $900 million this year after previously projecting $825 million during a fundraising completed in July.” The company reportedly brought in $340 million in revenue during the last quarter alone, “on bookings of $2.2 billion” — but don’t expect Airbnb to generate a profit until 2017, the Journal said.
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