3min chapter

Acquired cover image

Airbnb

Acquired

CHAPTER

Airb and B and Booking

Air b and b had thirty eight billion dollars flow through their system before the pandemic. Over the course of the year, they took five point three billion dollars in revenue. Their net income, when you go all the way to the bottom line, is that they lost seven hundred million dollars. The effect ofe take rate on that is thirteen point nine per cent. But it's always interesting to me just to look at an annual income statement and take the gross divided by the or the revenue divided by the Gross.

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