Amanpreet Bajaj explained that the growth rate of some of the expansion markets, including India, is double that of the company's core market regions like the US, Canada, Australia, France, and the UK
Damani plans to capitalise on this growth by solidifying their presence in the largest markets and venturing into new domestic geographies
The improvement in adjusted Ebitda was attributed to cost optimisation efforts driven by technology and product enhancements
Airbnb struggled in the immediate aftermath of the virus outbreak as travel came to a grinding halt. But as lockdowns eased, more travelers opted to book homes instead of hotels.
The company is currently planning to price its IPO on Dec. 9
Restrictions on diesel vehicles and use of speed governors are major roadblocks