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COVID-19: Airbnb gets $1bn investment for post-virus recovery

Updated : April 07, 2020 09:13 AM IST

Silver Lake and Sixth Street Partners will invest the money into the home-sharing platform in the form of debt and equity, according to Airbnb.
Airbnb said it will focus particularly on long-term stays, from students needing housing to remote workers, building on a rising demand the platform has seen as people self-isolate during the pandemic.
COVID-19: Airbnb gets $1bn investment for post-virus recovery

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