Airbnb announced that James Manyika is joining the company’s Board of Directors. His appointment to the Board is effective immediately and he will chair the board’s Stakeholder Committee. Currently Google’s Senior Vice President of Research, Technology and Society, James is a graduate of both the University of Zimbabwe and the University of Oxford, from which he holds two master’s degrees…
Airbnb announced fresh investment in India through the opening of a new technology hub in Bengaluru. Commenting on the development, Nathan Blecharczyk, Co-Founder and Chief Strategy Officer of Airbnb, “India is an incredibly important market for Airbnb. The opening of this technology hub will further our ongoing investment in the nation and is testament to…
Thunes, a global cross-border payments company, has announced that it has appointed four new senior executives to lead its business in strategic regions: Asia Pacific, the Americas, Middle East and North Africa, and Greater China. The company has appointed Jenna Wyer, SVP for the Americas, Simon Nelson, SVP for the Middle East and North Africa…
Visa, provider of digital payments service, and Airbnb, an online marketplace for lodging and experiences, has announced that Airbnb Hosts in select markets will be able to access their earnings more quickly, a statement said. “Through Airbnb’s use of Visa Direct[1], Visa’s real-time[2] push payments platform, Hosts will have an option to move money from Airbnb…
US-based hospitality firm Airbnb Inc recently announced that it has decided to lay off about 25% of its workforce, nearly 1,900 employees due to the impact of coronavirus pandemic on travel industry. Announcing the decision, company Founder Brian Chesky in a memo said that the company’s business has been hit hard as the pandemic has…
Airbnb, a community marketplace for people to list, discover, and book unique accommodations around the world online announced it has secured investment worth $1 billion from equity firms Silver Lake and Sixth Street Partners. The investment will bolster its finances at a time when the coronavirus outbreak has roiled the travel and leisure industry. The…