due to the pandemic. The company also laid off approximately 1,900 employees, or about 25% of its workforce in the Americas, Europe, and Asia due to the pandemic. On December 10, 2020, Airbnb became a public company via an initial public offering, raising $3.5 billion on Nasdaq. Shares valued at $238 million were offered to hosts on the platform at the price of $68 per share.

Airbnb was