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Airbnb hits profitability as it sets up for possible IPO, report says
Airbnb’s head of global policy, Chris Lehane, told reporters in November that Airbnb would be profitable in 2017 (minus a few key expenses). Now a new report says Airbnb has cleared the profitability hurdle—and by a decent margin. The home-sharing company has hit “$100 million in cash-flow profitability,” according to Recode‘s sources. Airbnb is also …
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