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After 9 years Airbnb finally made a profit

Posted by: | Posted on: March 4, 2017

Airbnb recently made money.

, according to Bloomberg quoted Airbnb insiders, the housing sharing company in the second half of 2016 to complete the goal of profitability, while the annual revenue growth of more than 80%. Airbnb is also optimistic about the future expectations, they expect the end of 2017 taxes, interest and other expenses, the company is still able to maintain profitability.

this is a positive sign. In contrast, another shared economy on behalf of the company Uber is still facing the harsh competitive environment, last year the loss is expected to have 3 billion dollars, and still including Lyft competitors rely on subsidies to maintain the attractiveness of drivers and users.

Airbnb Bloomberg believes that competition pressure is much smaller, and the foundations of health revenue: each transaction Airbnb 6%-12% of the total collection of rent to tenants as a commission, and the company does not have to pay extra room maintenance and cleaning expenses.

Startups that debt laden

Airbnb is founded in 2008, when the company CEO Blaine · difficult to continue, Cheski (Brian Chesky) or by selling cereal subsistence. Up to now, this is still a story of Airbnb.

last September, Airbnb completed the tenth financing, got $555 million from the Alpabet lead investment, the valuation reached $30 billion. The sources said that the current Airbnb have repeatedly raised $3 billion 100 million in the majority, they also do foreign investment, to the restaurant reservation application Resy to pay a sum of money, start-up companies Tilt recently to $50 million in cash and stock acquisition by Airbnb.

Airbnb is not short of money, but the new problem has come, can continue to maintain profitability

?

‘s trouble with the government has never been broken. Similar to the problems encountered by Uber, Airbnb has been wandering in the gray area of laws and regulations, the United States last year, New York has introduced a legal order to ban Airbnb.

may be in order to avoid this kind of risk in the new story about Airbnb, their goal is far more than the "short rent", but to do "travel service platform", "last year’s experience (Experiences)" and "Raiders (Places)" new products, provide the destination of the tour guides, tour guide service for help guest. Even booking business is also planned.

‘s more pressing problem is that, although Aibnb has built a relatively mature operation and business model, but the local companies still have more excellent >





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