Airbnb lowers internal valuation to $26 billion as coronavirus hits bookings: source

Airbnb lowered its internal valuation by 16% to $26 billion, as the U.S. home rental firm grapples with a slowdown in bookings due to the global spread of the coronavirus pandemic, a source familiar with the matter told Reuters on Thursday.

from Reuters: Business News https://ift.tt/2wMZ1hf