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Another billion in funding for Airbnb

Home-sharing company Airbnb just upped its unicorn status with a round of $1 billion in new funding. That brings its valuation to about $31 billion, CNBC reports. (It’s one of the most valuable tech startups in the world.) The company also started turning an actual profit during the second part of last year, setting itself … Continue reading “Another billion in funding for Airbnb”

Home-sharing company Airbnb just upped its unicorn status with a round of $1 billion in new funding. That brings its valuation to about $31 billion, CNBC reports. (It’s one of the most valuable tech startups in the world.) The company also started turning an actual profit during the second part of last year, setting itself apart from gig-economy darlings like Uber, which lost a fortune. Read more from CNBC

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About the author

Christopher Zara is a senior staff news editor for Fast Company and obsessed with media, technology, business, culture, and theater. Before coming to FastCo News, he was a deputy editor at International Business Times, a theater critic for Newsweek, and managing editor of Show Business magazine

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