Airbnb shares surged over 14% on Friday after reporting stronger-than-expected fourth-quarter earnings. The company stated it has strengthened over the years and plans to refine its core service, expand globally, and introduce new offerings as part of its multi-year strategy in 2025. Airbnb plans to invest up to $250 million in new business opportunities set to be announced in May. CEO Brian Chesky aims to make the Airbnb app a one-stop platform for travel and living needs, with new businesses expected to take three to five years to scale and strengthen its core operations.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Airbnb shares surged over 14% on Friday after reporting stronger than expected
00:07fourth-quarter earnings. The company stated it has strengthened over the years and plans to
00:11refine its core services, expand globally and introduce new offerings as part of its
00:16multi-year strategy in 2025. Airbnb plans to invest up to $250 million in new business opportunities
00:23set to be announced in May. CEO Brian Chesky aims to make the Airbnb app a one-stop platform
00:29for travel and living needs, with businesses expected to take three to five years to scale
00:33and strengthen its core operations. For all things money visit benzinga.com slash gstv