Airbnb turns to private equity to raise $1 billion

TechCrunch
By Kirsten KorosecApr 6, 2020, 4:35 pm135 pts
Airbnb said Monday that it has raised $1 billion in debt and equity from private equity firms Silver Lake and Sixth Street Partners, even as the online rental marketplace has seen its business plummet due to the COVID-19 pandemic. COVID-19, the disease caused by coronavirus, has prompted governments to issue…

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