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RE: LeoThread 2023-08-04 01:16

in LeoFinance • last year

🧵 1. Airbnb's Q2 report shows a deceleration in nights and experiences booked, causing shares to drop 6%, below analysts' expectations. #business

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    🧵 2. Despite slower growth, Airbnb's revenue rose 18% YoY, reaching $650 million in net income. Gross booking value hit $19.1 billion, up 12% from last year.

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      🧵 3. Airbnb booked 115.1 million nights and experiences in Q2, up 11%, but short of the 117.6 million consensus. However, Q1 saw a 19% increase.

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        🧵 4. The company notes improved YoY growth in North America and Europe against challenging comparisons. Gross booking value per night increased by 1%.

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          🧵 5. Looking ahead, Airbnb aims for $3.3-$3.4 billion in Q3 revenue, representing 14-18% growth. CEO Brian Chesky mentions potential new services and future AI integration.

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