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Airbnb’s latest funding haul has surpassed all expectations. The company was said last summer be seeking up to $850 million in a round that would value it at $30 billion. In September, a filing showed Airbnb had raised $555 million.
According to a new filing on March 9, Airbnb ultimately received more than $1 billion in its Series F financing, for a valuation of $31 billion. That solidifies its position as the world’s fourth-most valuable startup and puts it on the heels of Chinese ride-hailing firm Didi Chuxing, which is valued at close to $34 billion. Read more…
Source: Quartz Media