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April 6, 2020 08:35 pm GMT

Airbnb turns to private equity to raise $1 billion

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. Terms of the deal were not disclosed. It’s unclear how this funding might alter Airbnb’s previously […]

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